GENERAL30 Sept 2026
Cement demand stronger than expected says CLSA’s Indrajit Agarwal, favours Ultratech - CNBC TV18
CLSA's Indrajit Agarwal says cement demand is stronger than expected and prices should improve after the monsoon, helping profitability as costs settle. He prefers large cement companies for clearer volume growth and cost savings, with Ultratech Cement as his top pick. He expects consolidation to continue through organic capacity additions. Views are personal, so check with a certified expert before acting.
Key Statutory Highlights
- CLSA's Indrajit Agarwal expects cement prices to improve after the monsoon, which should support a recovery in profitability as costs stabilise.
- He prefers large-cap cement companies and picks Ultratech Cement as his top pick.
- He expects industry consolidation to continue, mainly through organic capacity additions.
Actionable Advice for Taxpayers / Founders:Treat this as one analyst's view, not a guaranteed outcome, and speak to a certified investment adviser before you act on it.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: