Cement Stocks Rally on Tax Reform

  Published 9 months ago

Indian cement makers surge after tax cut proposal, with Shree Cement and UltraTech leading gains.

  • Shree Cement rises 4.3% while UltraTech jumps 4% on strong investor optimism.
  • Ambuja Cement and ACC climb over 3% each, boosting overall cement sector momentum.
  • Analysts highlight cement, consumer staples, and automobiles as key beneficiaries of the upcoming tax rationalisation.

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