Century Plyboards is a top stock pick by HDFC Securities in the building material sector, with expectations of good volume growth for wood companies supported by robust real estate sales in recent years.
The building materials sector saw soft demand in Q1FY26, with satisfactory demand in April and May but a deceleration in June due to the early onset of monsoons. HDFC Securities projects a 6% YoY revenue growth for their coverage universe driven by volume growth.