UltraTech, ACC, Ambuja, Orient Cement share prices: Should you Buy?
Mon, Jul 1, 2024 6:33 PM

UltraTech, ACC, Ambuja, Orient Cement share prices: Should you Buy?

A Flip by Avya Verma
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Cement stocks, including 📌UltraTech Cement, 📌Ambuja Cements, and 📌ACC, surged up to 14% on Monday, driven by rising capacities and industry consolidation. Despite strong demand and volume growth, cement prices have dipped 1-1.5% in June, which may put pressure on margins and earnings. Analysts expect limited price hikes in the next two months due to the monsoon season.

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