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et_marketsabout 3 hours ago
BEARISH(90%)
hold
Published on the original source: 30 Mar 2026, 2:40 PM IST

Cement makers staring at ₹200/tonne cost shock as West Asia war sends petcoke and packaging costs soaring

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AI Analysis

The cement sector is facing a double whammy of rising raw material costs and inability to raise prices due to overcapacity. Geopolitical tensions are exacerbating the cost inflation.

Trading Insight

Maintain a bearish bias on cement stocks; look for opportunities to short or avoid fresh long positions until cost pressures ease or pricing power improves.
Quick check: NUVOCVIS neutral, ULTRACEMCO bearish bias (-1.2% 1d).

Key Evidence

  • India's cement sector is grappling with soaring input costs.
  • Rising prices of petcoke, coal, and packaging materials are squeezing profit margins.
  • Companies are attempting price hikes, but overcapacity makes it difficult for the market to absorb these increases.
  • Analysts suggest that improved capacity utilization is key for pricing stability.
  • Nuvoco Vistas and UltraTech Cement are identified as favored companies, implying they might be relatively better positioned but still face headwinds.

Affected Stocks

NUVOCVISNuvoco Vistas Corporation Ltd.
Negative

Identified as a favored company, but still subject to industry-wide cost pressures.

ULTRACEMCOUltraTech Cement Ltd.
Negative

Identified as a favored company, but still subject to industry-wide cost pressures.

ACCACC Ltd.
Negative

Major player in the cement sector, directly impacted by rising input costs.

AMBUJACEMAmbuja Cements Ltd.
Negative

Major player in the cement sector, directly impacted by rising input costs.

DALBHARATDalmia Bharat Ltd.
Negative

Major player in the cement sector, directly impacted by rising input costs.

SHREECEMShree Cement Ltd.
Negative

Major player in the cement sector, directly impacted by rising input costs.

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