Yes Securities recommends 'Buy' rating for ACC and Dalmia Bharat shares, while suggesting selling UltraTech Cement ahead of Q1 results.
In Q1, cement industry dynamics shift from volume-driven (Q4) to price-driven, benefiting companies in key markets like East, South, and North.
ACC expected to perform well due to strong prices in key markets (price growth in East/South/North at 10%/13%/3%), while Birla Corp may deliver mixed results on a consolidated basis.