Citi Group is positive on the cement sector. The brokerage house believes that despite the lockdown, the sector is poised for a decent growth, favourable demand and pricing power. Hence, the firm has reiterated its 'buy' ratings on ACC, Ambuja Cements, UltraTech Cement, Grasim and Dalmia Cement.

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It has downgraded Ramco Cement and Shree Cement.

Watch the accompanying video of CNBC-TV18’s Nimesh Shah for more details.

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(Edited by : Niral Sharma)