India's cement stocks gain on upbeat demand outlook, price hike expectations

Ultratech Cement

08/04/2026 08:53

** Ambuja Cements ABUJ.NS jumps 6.73%, UltraTech Cement ULTC.NS rises 6.38% and Shree Cement SHCM.NS advances 4.31%

** Centrum expects the cement industry to register volume growth of about 9% YoY for Q4FY26

 ** Firms to benefit from seasonally healthy demand in Q1FY27- brokerage

** Brokerage adds healthy performance expected to come on the back of better sales realisation and stable cost trend

** Nomura says pan-India cement prices are expected to increase on improving demand, but more hikes needed to offset escalating cost pressures

** YTD, ABUJ down 24.43%, ULTC drops 7.2% and SHCM falls 12.14%

** Nifty Infrastructure .NIFTYINFR up 4.1%; YTD, down about 6%

(Reporting by Devika Nair in Bengaluru)

((Devika.MadhusudhananNair@thomsonreuters.com;))