Nomura downgrades 3 cement stocks as industry faces headwinds

  • Posted on January 9, 2025
  • By Business News Today
  • 1 Views
Nomura downgrades 3 cement stocks as industry faces headwinds

Nomura has downgraded Shree Cement from ‘Buy to ‘Neutral, setting a target price of Rs 28,000. Additionally, the firm has downgraded ACC and Nuvoco from ‘Neutral to ‘Reduce, with target prices of Rs 1,920 and Rs 330, respectively.
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