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Cement capacity growth may cap utilisations; JPMorgan sees pricing vs market share conflict
According to the brokerage, most large-cap cement companies are guiding for two key levers: cost reductions and market share gains.
Closing Bell: Market dives as crude climbs; Sensex slides 829 pts, Nifty below 23,700
Biggest Nifty losers were Eicher Motors, M&M, Maruti Suzuki, Bajaj Finance, UltraTech Cement, while gainers included Coal India, Jio Financial, Adani Enterprises, NTPC, Power Grid Corp. Among sectors, Auto index slipped more than 3%, FMCG index shed 1.7% and Private Bank index declined 1.6%, while Power index gained 2.5%, Energy index rose 2%, Oil & Gas, Metal, Capital Goods rose 0.5% each. The BSE midcap index fell 0.4% and smallcap index shed 0.7%.
Stocks to watch today: Coforge, L&T, M&M, KEC International, Ajanta Pharma in focus on May 6
Stocks in focus include Bajaj Auto, Brigade Enterprises, Blue Star, Godrej Consumer Products, Hexaware Technologies, Meesho, One 97 Communications, Shree Cement, Radico Khaitan, Raymond Lifestyle, Dhara Rail Projects, KRM Ayurveda, Macobs Technologies, Odyssey Technologies, Stylam Industries.
Block Deals: AP Asia Opportunistic Holdings sells 3.4% stake in JSW Cement; Madison India pares 2.2% shares in Pine Labs
JSW Cement shares on Friday saw the biggest single-day rally since the debut on the bourses on August 11, 2025, rising 12.03 percent to finish at Rs 137.99, while Pine Labs hit all-time low, closing 6.32 percent down at Rs 142.84 amid high volumes.
Accumulate JSW Cement; target of Rs 142: Prabhudas Lilladher
Prabhudas Lilladher recommended accumulate rating on JSW Cement with a target price of Rs 142 in its research report dated May 22, 2026.
Accumulate JK Cement; target of Rs 6101: Prabhudas Lilladher
Prabhudas Lilladher recommended Accumulate rating on JK Cement with a target price of Rs 6101 in its research report dated May 25, 2026.
Buy JK Lakshmi Cement; target of Rs 765: Prabhudas Lilladher
Prabhudas Lilladher is bullish on JK Lakshmi Cement has recommended buy rating on the stock with a target price of Rs 765 in its research report dated May 22, 2026.
Neutral Shree Cement; target of Rs 26000: Motilal Oswal
Motilal Oswal recommended Neutral rating on Shree Cement with a target price of Rs 26000 in its research report dated May 06, 2026.
Hold Shree Cement; target of Rs 26,200: ICICI Securities
ICICI Securities recommended hold rating on Shree Cement with a target price of Rs 26,200 in its research report dated May 07, 2026.
Buy Star Cement; target of Rs 260: ICICI Securities
ICICI Securities is bullish on Star Cement has recommended buy rating on the stock with a target price of Rs 260 in its research report dated May 28, 2026.
Stocks to Watch Today: Apollo Hospitals, Jubilant Foodworks, HG Infra, Pace Digitek, GPT Infra, Metro Brands, Teamlease, Sammaan Capital in focus on 21 May
Stocks to Watch, 21 May: Stocks like Apollo Hospitals Enterprise, Sammaan Capital, Honeywell Automation India, Whirlpool of India, Teamlease Services, Sanghvi Movers, Metro Brands, JK Lakshmi Cement, Bosch, and Garware Technical Fibres will be in focus on May 21.
Buy UltraTech Cement; target of Rs 13\800: Motilal Oswal
Motilal Oswal is bullish on UltraTech Cement has recommended buy rating on the stock with a target price of Rs 13\800 in its research report dated April 29, 2026.