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.