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Deven Choksey Research Report
We maintain a positive outlook on the cement industry, anticipating a price recovery driven by increased infrastructure activity supported by government initiatives and cost reduction measures.
This optimism is further bolstered by rising demand from urbanisation and infrastructure investments, which are expected to foster a more favorable market environment in the medium to long term.
We pick ACC and UltraTech Cement as our top picks to outperform the sector.
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