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Cement Prices Seen Flat Until Q4; UltraTech and Ambuja Stand Out as Picks
Cement prices may stay soft till Q4, with UltraTech and Ambuja preferred by analysts.
A brokerage has forecast that cement prices across India are unlikely to recover until the January–March quarter (Q4 FY26), citing weak demand and seasonal headwinds. The sector’s near‑term outlook remains muted despite volume growth. The firm recommends UltraTech Cement and Ambuja Cements as top picks, banking on their scale, cost efficiency and long‑term demand recovery prospects.