Nifty50 Back Above 17,000 Led By Financial And It Shares — India Among Top Performing Asian Markets Today

Industry outlook remains positive on cement: Deven Choksey

“Post monsoon, with activities gaining momentum, expected demand rise would be significantly higher particularly because of the government projects continuing. The demand scenario should remain relatively stronger,” said Deven Choksey of KRChokseyChoksey said the industry outlook remains positive.

“Particular companies like India Cements even for that matter the ones, which are there in southern pockets, Ramco Cement and pan India presence with UltraTech Cement and Adani Group now, which is ACC-Ambuja – all in all put together some of the select companies would do well. Not too sure immediately about India Cements, but I see the corrective strategy happening as far as the business is concerned.” 

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