Standout Brokerage Report: Macquarie on ACC, UltraTech, Ambuja Cement, Shree Cement-December 2024-www.financetom.com

Market

Standout Brokerage Report: Macquarie on ACC, UltraTech, Ambuja Cement, Shree Cement

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Standout Brokerage Report: Macquarie on ACC, UltraTech, Ambuja Cement, Shree Cement

Nov 5, 2020 2:55 AM

Today’s Standout Brokerage Report is about the cement sector, by Macquarie. The broking firm believes that strong demand is going to continue in the second half for the sector.

According to Macquarie, the October price hike is holding up and another price hike is expected in December after the festive season.

Macquarie has an outperform rating on ACC, UltraTech Cement, Ambuja Cement, and Shree Cement. It has a neutral rating on Dalmia Cement and Ramco Cements.

Watch video for more.

(Edited by : Santosh Nair)

Previous page： TSX up 72 Points at Midday With Energy The Biggest Gainer Next page： Top Midday Stories: US Consumer Prices Rise Faster Than Expected; Delta Air Lines Q3 Adjusted Earnings Fall

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

TSX up 72 Points at Midday With Energy The Biggest Gainer

Oct 10, 2024

12:15 PM EDT, 10/10/2024 (MT Newswires) -- The Toronto Stock Exchange is up 72 points at midday, with most sectors positive. The biggest gainers are energy (+2%) and miners (+1%). Financials is down 0.7%. TD Bank (TD.TO) is the most actively traded and down nearly 5%, after the Wall Street Journal reported that the bank is expected to pay about...

Top Midday Stories: US Consumer Prices Rise Faster Than Expected; Delta Air Lines Q3 Adjusted Earnings Fall

Oct 10, 2024

11:53 AM EDT, 10/10/2024 (MT Newswires) -- Wall Street's major market averages were trading lower on Thursday as traders digested the hotter-than-expected consumer inflation report. The US seasonally adjusted consumer price index, a measure of inflation, rose by 0.2% in September, ahead of expectations for a 0.1% increase in survey of analysts compiled by Bloomberg as of 8:05 am ET...

Exchange-Traded Funds Lower, US Equities Mixed After Midday Trading

Oct 10, 2024

01:12 PM EDT, 10/10/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were lower. Actively traded Invesco QQQ Trust (QQQ) dipped 0.1%. US equity indexes were mixed in choppy midday trading on Thursday following hotter-than-expected inflation, while jobless claims soared more than anticipated. Energy iShares US Energy ETF (IYE) rose 0.8% and Energy Select Sector SPDR...

US Indexes, Treasury Yields Mixed as Investors Weigh Hotter-Than-Forecast Inflation, Surging Jobless Claims

Oct 10, 2024

12:43 PM EDT, 10/10/2024 (MT Newswires) -- US equity indexes and government bond yields were mixed in choppy midday trading on Thursday as headline and core inflation rates came in hotter than forecasts and jobless claims soared more than anticipated. The Nasdaq Composite rose 0.1% to 18,315.1, with the S&P 500 little changed at 5,791.2 and the Dow Jones Industrial...