Cement Stocks on the Rise: Ambuja, NCL, India Cements and Ramco Cements Poised for 13% Upside Potential
ByAinvest
Sunday, Nov 23, 2025 11:26 pm ET1min read
Indian cement producers delivered strong Q2 performance due to strong rural activity and construction. Brokerages expect the second half to remain strong. Technical charts favor Ambuja Cements, India Cements, Ramco Cements, and NCL Industries, with potential upside of 11.5% to 13%.
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