Neutral impactResults
Why Grasim is ICICI Securities' preferred cement play
CNBC-TV18 3d ago·27 Aug 2026, 6:04 am
Navin Sahadeo, Analyst of ICICI Securities expects continued high dividends from UltraTech Cement and improving traction in Grasim’s paints and B2B e-commerce businesses. Meanwhile, the cement sector faces near-term pressure, with the July-September quarter of 2026 (Q2FY27) realisations expected to decline 1–1.5% sequentially and EBITDA per tonne potentially falling ₹200–250.
Affected stocks
Neutral1 stock
Bull / bear label is derived from the article's AI sentiment — indicative, not advice. Prices may be delayed.
Key takeaways
- Concerns UltraTech Cement (ULTRACEMCO).
- Category: Results.
Why it matters
A routine update for UltraTech Cement. Use the price and stock snapshot to gauge how the market is responding.
