Cement stocks may get a breather soon as prices seem to go upwards after a prolonged period of range-bound movement.
The markets are increasingly turning bullish on this sector as a raft of news is expected to trickle out of the sector. The most important development on the anvil is the resolution of the imbroglio between a few leading cement companies and the regulatory authorities over issues in the takeover regulations.
Moreover, with a spate of initiatives planned for the infrastructure sector