Macquarie, the brokerage firm, has shared its outlook on the Cement sector as follows:
- Ultratech: Macquarie maintains an “outperform” rating and has increased the target price from 9,087 to 9,250. This change is viewed as positive for the stock.
- Shree Cement: Macquarie continues to maintain a “neutral” rating but has reduced the target price from 25,236 to 25,149. This adjustment is seen as negative for the stock.
- Ambuja: Macquarie maintains an “outperform” rating for Ambuja but has lowered the target price from 506 to 480, which is considered negative for the stock.
- ACC: The brokerage firm maintains a “neutral” rating for ACC but has raised the target price from 1,998 to 2,128, which is seen as positive for the stock.
- Ramco: Macquarie continues to maintain a “neutral” rating for Ramco and has increased the target price from 865 to 955, which is viewed as positive for the stock.
- Dalmia Bharat: Macquarie maintains an “outperform” rating for Dalmia Bharat and has raised the target price from 2,441 to 2,658.
