Wed, December 4, 2024
[ Wed, Dec 04th 2024 ]: Thomas Matters
Stock market today: Tech stocks and AI pull Wall Street toward more records
[ Wed, Dec 04th 2024 ]: Thomas Matters
Money blog: HMRC issues tax clarification - as Vi .. to start sharing seller information with tax man
[ Wed, Dec 04th 2024 ]: Thomas Matters
Dow Jones Today: Stock Futures Rise as Investors Digest Tech Earnings, Await Fed Chair Comments
[ Wed, Dec 04th 2024 ]: Thomas Matters
Stock market today: Wall Street points higher as earnings trickle in ahead of Friday's jobs report
[ Wed, Dec 04th 2024 ]: Thomas Matters
Stocks and bonds haven't moved together like this .. t's putting portfolios at risk, says State Street
[ Wed, Dec 04th 2024 ]: Thomas Matters
Canadian ETF Comparison Series: ZWK vs. CALL.B
[ Wed, Dec 04th 2024 ]: Thomas Matters
Best Stock to Buy Right Now: Amazon vs. Shopify
[ Wed, Dec 04th 2024 ]: Thomas Matters
Cathie Wood buys $22.1 million of battered tech stock
[ Wed, Dec 04th 2024 ]: Thomas Matters
UnitedHealth Projects Strong Financial Outlook for 2025
[ Wed, Dec 04th 2024 ]: Thomas Matters
Institutional investors optimistic about 2025 amid ongoing wars, China-U.S. tensions
[ Wed, Dec 04th 2024 ]: Thomas Matters
Can AI Boost These Growth Stocks Higher?
[ Wed, Dec 04th 2024 ]: Thomas Matters
Rating the Magnificent 7 Stocks in 2024
[ Wed, Dec 04th 2024 ]: Thomas Matters
Why Pure Storage Stock Is Sailing Higher After Earnings
[ Wed, Dec 04th 2024 ]: Thomas Matters
Should You Really Buy Stocks Before the New Year? Here's What History Says.
[ Wed, Dec 04th 2024 ]: Thomas Matters
Columbia Convertible Securities Fund Q3 2024 Commentary
[ Wed, Dec 04th 2024 ]: Thomas Matters
Can Rolls-Royce shares continue to outperform in 2025?
[ Wed, Dec 04th 2024 ]: Thomas Matters
"Take Care Of Your Health First": Investor Mark Mobius' Message For GenZ
[ Wed, Dec 04th 2024 ]: Thomas Matters
The Metric Every Investor Should Use (But Probably Doesn't)
[ Wed, Dec 04th 2024 ]: Thomas Matters
Meet the New S&P 500 Company That Just Reported I .. ter Ever and Is Heading for a 280% Gain This Year
[ Wed, Dec 04th 2024 ]: Thomas Matters
'FY25 will be one of the weakest years': What Gol .. man Sachs says on UltraTech, ACC & Ambuja Cements
[ Wed, Dec 04th 2024 ]: Thomas Matters
Why Credo Technology Group Rocketed Nearly 50% Today
[ Wed, Dec 04th 2024 ]: Thomas Matters
Will 2025 belong to multi-cap, hybrid funds?
[ Wed, Dec 04th 2024 ]: Thomas Matters
I've got $2,000 and I'm on the hunt for cheap ASX shares to buy in December
[ Wed, Dec 04th 2024 ]: Thomas Matters
A strong jobs report this week will boost the 'Am .. rade that's pushed stocks to new highs, BofA says
Tue, December 3, 2024
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Here's Why Travelers (TRV) is a Strong Momentum Stock
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Warren Buffett: 6 Ways To Invest Tiny Sums of Money
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Michael Saylor's MicroStrategy Has Quintupled Thi .. llish Analyst Thinks Its Time to Short the Stock.
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Stock Market Today: Investors Raise Bets on December Rate Cut
[ Tue, Dec 03rd 2024 ]: Thomas Matters
10 Best Aluminum and Aluminum Mining Stocks To Buy
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Stock Market Today: Stocks End Mixed Ahead of Powell
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Wells Fargo says best time to own Ollie's Bargain passed, downgrades stock
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Money blog: Gordon Ramsay table booking hack slammed by hospitality chief
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Should Invesco NASDAQ 100 ETF (QQQM) Be on Your Investing Radar?
[ Tue, Dec 03rd 2024 ]: Thomas Matters
November Market Review
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Why Zscaler (ZS) Stock Is Trading Lower Today
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Brokers says these ASX dividend stocks are top buys
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Copa Holdings: The Most Undervalued Airline Stock To Buy
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Leadership Changes at Mobileye Global and Intel
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Investors should use any correction as an opportu .. n Magnificent 7 stocks, NYU valuation expert says
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Carvana (CVNA) Is Up 0.41% in One Week: What You Should Know
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Why Joby Aviation Stock Is Sinking Today
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Here's Why ResMed (RMD) is a Strong Momentum Stock
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Super Micro Computer Just Made a Big Announcement .. he Stock Is Soaring -- Is It Finally Time to Buy?
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Billionaire Izzy Englander Loaded Up on This Warren Buffett ETF in Q3. Should You Buy It, Too?
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Michael Saylor Reveals Major Reason Behind MicroStrategy's 'Bitcoin Strategy'
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Here's Why Rogers Communication (RCI) is a Strong Growth Stock
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Why This 1 Value Stock Could Be a Great Addition to Your Portfolio
[ Tue, Dec 03rd 2024 ]: Thomas Matters
Stock market today: Wall Street hangs near its records

'FY25 will be one of the weakest years': What Goldman Sachs says on UltraTech, ACC & Ambuja Cements

Goldman Sachs has forecasted that FY25 will be one of the weakest years for the Indian cement sector, predicting a significant slowdown in volume growth to 6% from 11% in FY24. This outlook is attributed to a high base effect, a slowdown in government spending, and a lack of significant capacity additions. Specifically for major cement companies, Goldman Sachs has set a target price of Rs 11,000 for UltraTech Cement, Rs 2,600 for ACC, and Rs 600 for Ambuja Cements. The report suggests that while there might be some relief in pricing due to lower fuel costs, the overall market conditions remain challenging. Additionally, the brokerage firm has downgraded UltraTech Cement to 'Neutral' from 'Buy', while maintaining 'Sell' ratings for both ACC and Ambuja Cements, citing concerns over valuation and expected earnings growth.

Read the Full Business Today Article at:
[ https://www.businesstoday.in/markets/stocks/story/fy25-will-be-one-of-the-weakest-years-what-goldman-sachs-says-on-ultratech-acc-ambuja-cements-456120-2024-12-04 ]