6 cement stocks with up to 42% upside potential

The cement sector has faced multiple headwinds in the past few quarters due to muted demand, depressed prices and higher cost inflation in the form of increased raw material, power and fuel costs. Analysts believe that the profitability of cement companies will be at a multi-quarter low in the second quarter of 2022-23.

However, analysts also reckon that the sector’s profitability will bottom out in the second quarter. Brokerage reports from JP

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