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Bloomberg Quint

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Ambuja, UltraTech, JK Cement — Systematix' Top Stock Picks In Cement Pack; Q1 Results Preview

  • Cement Q1 Results Preview: Ultratech, Ambuja, JK Cement are the brokerages' top picks, with a potential revision of top picks post Q1 FY26 results due to recent surge in valuations.
  • Volume growth during the quarter for companies under Systematix' coverage is expected to be in the range of 6-7% YoY, with strong performance expected from JK Cement and Ambuja at 11.5% and 8.2% respectively.
  • Dalmia and Ultratech are likely to report slower growth at 5.4% and 5.8% respectively.
  • Cement demand in Q1 FY26 showed improvement on a YoY basis, attributed to a low base caused by elections last year.

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