Dalmia Bharat: Best performing cement stock

Several cement company stocks are outperforming on bourses with Dalmia Bharat topping the list of cement gainers on a YTD basis.  

We are living in an era where infrastructure has become the most important aspect that will determine the rate at which our GDP might grow, going ahead. Huge infra spending is budgeted by the Government of India for the coming years.  

With an increase in demand and firm prices, the profitability of cement companies is catching investors' attention. Several cement company stocks are outperforming on bourses with Dalmia Bharat topping the list of cement gainers on a YTD basis.  

If we talk about performance in May, Burnpur Cement is up by 44.62 per cent, Anjani Portland Cement is up by more than 41 per cent while Shiva Cement, which has strengthened by more than 39 per cent, have impressed investors with outperformance.  

Building material companies such as Hyderabad Industries and Visaka Industries have gained 104.7 per cent & 73 per cent, respectively.    

The momentum is expected to continue in the building material space as well as cement counters as these companies attempted to profit from increasing demand & high product prices.  

Here is the list of the top gainers from the cement & building material space:-