{"id":324705,"date":"2026-10-22T16:00:02","date_gmt":"2026-10-22T10:30:02","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=324705"},"modified":"2026-10-22T16:00:02","modified_gmt":"2026-10-22T10:30:02","slug":"cement-stocks-nuvama-stays-neutral-rising-costs-cloud-outlook-jk-cement-top-pick","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/cement-stocks-nuvama-stays-neutral-rising-costs-cloud-outlook-jk-cement-top-pick\/","title":{"rendered":"Cement Stocks: Nuvama Stays Neutral as Rising Costs Cloud Outlook, JK Cement Top Pick"},"content":{"rendered":"

Cement stocks got a mixed view from Nuvama on 22 Oct 2026: demand and prices improved in October on post-monsoon activity and government spending, but rising petcoke costs could pressure H2 FY27 margins, so the brokerage stays neutral on the sector. JK Cement is its top pick with a Buy. JK Cement traded at Rs 4,858.50, down 2.17%, at 3:45 PM IST.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Cement stocks are in a tug of war between better October demand and prices on one side and rising fuel costs on the other. Nuvama stays neutral on the sector because petcoke costs could cut margins in H2 FY27, but it names JK Cement as its top pick with a Buy rating. I could not find the Nuvama note itself, so its target price for JK Cement is not given here, and the details come from the report summary. JK Cement fell 2.17% to Rs 4,858.50 today and trades at about 40 times earnings, so the stock already asks for good margin delivery.<\/p>\n<\/p><\/div>\n

Cement stocks have been caught between a recovery in demand after the monsoon and a rise in the cost of fuel that could take back the gains from higher prices. The Nuvama view is a useful guide because it separates the sector call, which is neutral, from the stock call, which is positive on JK Cement.<\/p>\n

This article on cement stocks explains the demand and price picture, the petcoke cost risk, how JK Cement and its peers are valued, what brokerages have said and what to watch next. It is educational and not a recommendation to buy or sell.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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