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Jefferies likes JK Cement, Shree Cement and 1 more stock as sector to see turnaround in FY26

Published on 04/06/2025 03:06 PM

Global brokerages Jefferies has picked cement scrips namely Shree Cement, UltraTech Cement as well as JK Cement as its top picks from the space. This is as the brokerage expects a turnaround for the space in currently running fiscal year 2025-26. 

Rs /mt                         4QFY24           4QFY25

RM Cost                   983            968

Power and fuel            1271            1150

Freight and cost         1252            1246

Other Exp                          704            696   

 

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