HDFC Securities Remains Bullish On This Cement Stock — Key Triggers And Targets Inside

HDFC Securities has expressed a positive outlook for a prominent cement stock, anticipating a robust growth trajectory in the coming years. The firm predicts a compound annual growth rate (CAGR) of 7% in volumes and an impressive 20% CAGR in Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) from FY25 to FY28. This bullish sentiment is underpinned by several key factors, including increasing demand for cement driven by infrastructure development and housing projects across India. The expected growth in the construction sector, coupled with the company’s operational efficiencies, is likely to enhance profitability and market position. Investors are advised to consider these projections when evaluating their portfolios, as the cement industry is poised for significant expansion in alignment with the government's push for infrastructure and housing initiatives. HDFC Securities’ analysis aligns with broader market trends indicating a positive outlook for the sector, positioning this cement stock as a potentially lucrative investment opportunity.
Originally reported by NDTV Profit. Read original article
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