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Chola Securities sees buying opportunity in metals and cement stocks
Dharmesh Kant, Head of Research at Chola Securities, expects the commodity upcycle to continue for another year despite near-term volatility. He sees any correction in metal prices as a long-term buying opportunity, supported by reconstruction activity in the Middle East and a revival in infrastructure spending in countries such as India. Kant remains positive on metals and prefers Hindalco, Hindustan Zinc, Vedanta, Tata Steel and JSW Steel on declines. He also believes the cement sector has been overlooked and favours large-cap names like UltraTech Cement and Ambuja Cements, while regional players could benefit from improving pricing over the next two to three months. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Big corporates plug into electric trucks as rising diesel and logistics expenses drive a rethink
Indian companies are rapidly investing in electric trucks. This shift is driven by fluctuating diesel prices and a focus on sustainability. Major firms like Ultratech Cement and Vedanta are expanding their electric fleets. Manufacturers report a surge in corporate interest. Electric truck registrations are soaring, indicating growing acceptance and deployment across various sectors.
Motilal Oswal bullish on BSE, Lenskart and cement stocks as AI, market share growth drive outlook
Siddhartha Khemka, Head of Research, Wealth Management at Motilal Oswal Financial Services, said the brokerage remains positive on BSE Ltd. with a ₹4,400 target as cash market share gains and NSE’s expected listing could support growth. He also highlighted strong opportunities in AI-linked sectors such as power, cables and data centres, maintained a buy call on Lenskart with a ₹600 target, and named UltraTech Cement Ltd., JK Cement Ltd. and Dalmia Bharat Ltd. as preferred cement picks. Disclaimer: The views and tips expressed by investment experts on CNBCTV18.com are their own, not of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Ultratech Cement, Hindalco, Grasim Industries, JSW Steel, among top gainers on March 16 amid volatile market; NIFTY50 trades above 23,100 - Upstox
Ultratech Cement, Hindalco, Grasim Industries, JSW Steel, among top gainers on March 16 amid volatile market; NIFTY50 trades above 23,100Upstox
Cement capacity to rise 7% by FY28, says Citi; Investec flags 19% upside on JSW
Citi flags rapid capacity expansion in Indian cement, led by UltraTech Cement and Ambuja Cement. Industry utilisation to stay at 67–68%, with EBITDA per tonne improving amid cost control.