Getty Images
Synopsis
Cement is a sector which has probably seen maximum mergers and acquisition in the last three years. Right from the second biggest player witnessing a change in ownership, to small players being taken over. With the monsoon coming, there is always a cyclical pressure on cement stocks, with the narrative being that in monsoon construction activity slows down. Even this week it played on the street, with cement stock witnessing a decline. But the question is whether this correction in stock price gives an opportunity to investors to get into a sector which is witnessing a fundamental shift in terms of how the demand curve pans out. Probably the answer is tilted toward yes for at least some players.
By ETMarkets.com
11 mins read,
Come monsoon and one set of stocks which witness pressure is cement. This time also it is no different, the stocks have come under pressure. But a distinction has been made between a cyclical down trend also, whether the business and operating conditions are the same as that of the last few years or the situation is better. In the last three years the situation on pressure and cement offtake has been better. It has been seen that the decline in
Membership Benefits
Access the exclusive Economic Times
Stories, Editorial & Expert opinion
Complete Access with ET Prime
Experience your Economic Times newspaper, The way you’ve always liked!
Get to know where the market gurus invest & grow your portfolio.
Stock Report Plus
In-depth stock analysis for 4000+ companies
Stock Analyzer
Instant stock analysis based on Solvency, Profitability, Growth, Valuation, Momentum, Risk & More.
Now Available with ET Prime
Manage your money efficiently with this weekly guide.
Clean experience
with minimal ads
Easy & distraction-free reading with 90% less ads
Sharp Insight-rich,
In-depth stories across 20+ sectors
1500+ Exclusive stories & analysis across sectors to help you stay informed
Get One Year Times Prime Subscription worth ₹1199 for free
Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-
Enjoy unlimited access to breaking news and thought provoking stories from all around the world.
Get One Year Docubay Subscription worth ₹999 for free
Stream award-winning international documentaries from more than 100 countries.
Offers By Our Partners
Exclusively for ET Prime Members
Members Love Us
The stalwarts of the industry trust ET Prime for insightful analysis & unbiased thought pieces
Gift a story
Your membership includes Story Gifting Credits. Now gift exclusive stories to your friends & peers.
Comment & Engage
with ET Prime community
Communicate & build a connection with great minds of the industry
A trusted team of
Journalists & Analysts
Unbiased perspective & detailed reporting by our team of journalists who have in-depth knowledge and years of experience
