Today’s Standout Brokerage Reports is Jefferies on the cement sector. Recently Jefferries had upgraded stocks of Ambuja Cement and ACC, both of which have done well. Now Jefferies is turning constructive on the entire sector and believes that the demand outlook is improving. It has revised estimates for volumes, realisations and operating costs.

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CNBC-TV18’s Nimesh Shah has more details.

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First Published:Oct 13, 2020 9:53 AM IST