Cement sector outlook: Centrum expects recovery of margins; prefers UltraTech Cement, Birla Corp

After a challenging year, the cement sector in India is likely to witness the twin advantage of better demand and softening of operating costs, thereby leading to the recovery of margins, domestic brokerage house Centrum Broking stated in a recent report.

HDFC Securities recommends these 10 stocks to buy in 2023; do you own any?

Uncertainty is expected to remain the theme for the market for a significant part of 2023, but there will also be stock opportunities.

Adani Group: Morgan Stanley remains underweight on Ambuja Cements and ACC; here's why

As per Morgan Stanley, there is still no clarity around the end-use of the fund infusion. This will drive near-term volatility for the industry, but is net positive in the medium term.

Adani Group's open offer for ACC, Ambuja Cements gets lukewarm response from investors

According to the latest regulatory updates on Saturday morning, only 6.97 lakh shares of Ambuja Cements have been tendered in the escrow demat account compared to the original offer for 51.63 crore shares from the public shareholders.

Adani to launch open offer for ACC and Ambuja Cements on August 26

In May this year, the Adani Group announced that it has clinched a deal to acquire a controlling stake in Holcim Ltd's businesses in India for USD 10.5 billion.

Contrarian views on ACC: Motilal Oswal downgrades, Phillip Capital remains bullish

Post the earnings, MOSL downgraded the stock to 'neutral' from 'buy' earlier and cut the target price of  <span class='webrupee'>₹</span>2,260, indicating a potential upside of only 5 percent. Phillip Capital maintained a 'buy' call on the stock with a target price of  <span class='webrupee'>₹</span>2,600, indicating an upside of 20 percent.

Russia-Ukraine War is causing havoc on Indian cement companies. Here's what's going on

The deepening Russia-Ukraine conflict pushed global crude oil past the $110-mark on Thursday. It is also likely to impact Indian cement manufacturers’ margins as production costs escalate. Why, though?&nbsp;

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Cement sector outlook: Centrum expects recovery of margins; prefers UltraTech Cement, Birla Corp

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