Best Cement Stocks to Buy in India 2023

India is the second largest cement producer in the world, following China, and is also the third largest consumer of cement and cement products. Housing & Real Estate demands 65% share of cement, followed by Public Infrastructure which requires 25% and Industrial Development has 10% demand for cement. While the pandemic halted many construction projects, cement companies were forced to manage their costs. But since the lockdowns were lifted, many projects have resumed and thus demand is expected to grow. It is imperative that we grab the opportunity to invest in this sector and find the best cement stocks. Cement Industry is highly capital-intensive and has huge fixed costs. It must be evaluated regionally since demand may vary from region to region. Companies that can control fixed costs of logistics and power consumption are the ones with higher profit margins.

Top 10 Cement Stocks in India

Let us look at the cement stocks list to help us decide which ones to invest in for the long term. We will make our decision based on financial ratios since we use Fundamental Analysis for long term investment decisions.

1. UltraTech Cement

2. Shree Cements

3. Ambuja Cements

4. ACC

5. The Ramco Cements

6. Dalmia Bharat

7. JK Cement

8. Birla Corporation

9. Heidelberg Cement

10. India Cements

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