Cement Stocks Outlook
Seen rising in near term; demand seen up in FY27
This story was originally published at 21:25 IST on 12 June 2026
Register to read our real-time news.Informist, Friday, Jun. 12, 2026
MUMBAI – Analysts expect the stocks of cement companies to move up gradually in the near term. They see selective stocks go up despite the monsoon season. Most cement stocks gained significantly for the week. The Nifty 50 cement constituent UltraTech Cement ended Friday's session with nearly 3% gains.
"Valuations have corrected in last 3 months, stocks should move up gradually," Tushar Chaudhari, cement sector analyst at Prabhudas Lilladher, said. "As monsoon is weak period, v shape recovery won't happen, but selective stocks will go up," he said. Chaudhari also remains positive on UltraTech Cement, JK Cement, and JSW Cement.
"We remain constructive on the long-term sector (cement) outlook on the back of the ongoing sector consolidation," brokerage SMIFS said in its report. "The Indian cement sector is poised for steady growth, with cement demand expected to rise further in FY27 driven by government infrastructure spending and initiatives to boost rural income are expected to drive demand for housing, benefitting cement consumption. As companies shift their focus from consolidation to enhancing organic growth via improved performance, efficiency and margins, cement prices are further expected to rise steadily."
SMIFS sees The Ramco Cements' earnings before interest, tax, depreciation, and amortisation per tonne to improve in 2026-27 (Apr-Mar) and FY28, driven by improvement in realisations, focus on cost optimisation (increase in share of green power, through better fuel and freight cost) and positive operating leverage. Shares of the company closed over 3% higher Friday.
TOP HEADLINES
* Grasim board approves INR 31 bln to further expand cellulosic fibre unit
* Cement industry to see serious price hikes after 3-5 yrs, says Shree Cement
Following are the resistance and support levels for key cement stocks for next week as per calculations based on their prices on the National Stock Exchange:
| Company | Price | Week-on-week change in % | Resistance | Support |
| ACC LTD | 1336.60 | 0.50 | 1365.10 | 1293.90 |
| AMBUJA CEMENTS LTD | 423.10 | 1.30 | 436.60 | 401.90 |
| ANDHRA CEMENTS LTD | 53.65 | (-)0.90 | 55.10 | 51.80 |
| GRASIM INDUSTRIES LTD | 3105.50 | 0.60 | 3145.20 | 3055.20 |
| JK CEMENT LTD | 4858.50 | (-)1.80 | 5002.50 | 4599.50 |
| JK LAKSHMI CEMENT LTD | 588.85 | (-)1.70 | 599.20 | 580.00 |
| SAGAR CEMENTS LTD | 167.46 | (-)6.70 | 173.30 | 163.60 |
| SHREE CEMENT LTD | 24175.00 | 0.40 | 24621.70 | 23561.70 |
| ULTRATECH CEMENT LTD | 11117.00 | 1.90 | 11349.00 | 10727.00 |
| INDIA CEMENTS LTD | 393.10 | 3.20 | 401.80 | 378.00 |
| Index | Levels | |||
| NIFTY 50 | 23622.90 | 1.10 | 23858.80 | 23195.90 |
| BSE SENSEX | 75527.95 | 1.70 | 76351.10 | 74041.80 |
End
Reported by Arundathi A R
Edited by Deepshikha Bhardwaj
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
