Nomura downgrades 3 cement stocks as industry faces headwinds
- Posted on January 9, 2025
- By Business News Today
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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.