GST Cut Boosts UltraTech, Ambuja, ACC Cement Stocks

  Published 10 months ago

Nomura predicts GST cut benefits UltraTech, Ambuja, and ACC, boosting premium cement demand nationwide across India.

  • GST reduction from 28% to 18% makes premium cement more affordable for Indian consumers today.
  • UltraTech leads market cap, gains 0.5%; ACC flat, Ambuja down 0.7% amid tariff concerns today.
  • Shree Cement is noted as another beneficiary, rising 1% on expectations of higher pricing trends now.

You might like these

Northern Arc Share Movements & Financial Update 2025

India’s WPI Inflation Turns Negative

Airtel & Ericsson Strengthen 5G Partnership in India

GOCL Shares Slip 3.3% After Large Sale

Vardhman Q1 Profit Falls 12%

Devyani-Sapphire Stocks Rise Amid Merger Talks

Mahindra Holidays Q1 Profit Jumps

News that matters the most ⚡