Systematix predicts a strong recovery in Q3, singling out ACC, UltraTech, and Sagar Cements as top stock picks.

According to Systematix, a research firm, the Indian cement industry is expected to show signs of recovery in the third quarter (Q3) of the current fiscal year. The firm has released its Q3 preview, highlighting that the industry is likely to benefit from a pick-up in demand, driven by a revival in the construction sector and a likely increase in government spending on infrastructure projects. Systematix has identified ACC, UltraTech, and Sagar Cements as its top picks in the cement sector, citing their strong financials, operational efficiency, and growth prospects. The firm expects ACC to report a strong Q3, driven by a recovery in demand and cost savings. UltraTech is expected to benefit from its strong brand presence and diversified product portfolio. Sagar Cements, on the other hand, is expected to benefit from its low-cost operations and increasing demand from the southern region. Overall, Systematix is optimistic about the cement sector’s prospects, expecting a recovery in Q3 and a strong performance in the remainder of the fiscal year.