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    Standout Brokerage Reports: Jefferies turning constructive on cement companies

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    Standout Brokerage Reports: Jefferies turning constructive on cement companies

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    Today’s Standout Brokerage Report 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.

    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.
    CNBC-TV18’s Nimesh Shah has more details.
    To watch other videos in this series, click the Standout Brokerage Reports tab below.
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