India's Building-Materials Sector Set for Strong Demand Revival -- Market Talk

Dow Jones

Jul 16, 2025

0601 GMT - India's building-materials sector is set to enjoy a strong revival in demand from FY 2026, Axis Securities' Eesha Shah says in a report. Large-scale government initiatives have spurred visible demand across segments like tiles, pipes, sanitaryware, and electricals, the analyst notes. Infrastructure-linked spending continues to drive demand for cement, steel, and pipes, while urban housing programs are supporting finish-material demand. The brokerage initiates coverage of Greenply Industries and Cera Sanitaryware with buy ratings and target prices of INR385.00 and INR8,500.00, respectively. Shares of Greenply and Cera are 4.5% higher at INR317.85 and 4.0% higher at INR6,769.15, respectively. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

July 16, 2025 02:03 ET (06:03 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2551117367"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2551117367\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2551117367?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-16 14:03","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2551117367","market":"hk","top_or_hot":-1,"title":"India's Building-Materials Sector Set for Strong Demand Revival -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0601 GMT - India's building-materials sector is set to enjoy a strong revival in demand from FY 2026, Axis Securities' Eesha Shah says in a report. Large-scale government initiatives have spurred visible demand across segments like tiles, pipes, sanitaryware, and electricals, the analyst notes. Infrastructure-linked spending continues to drive demand for cement, steel, and pipes, while urban housing programs are supporting finish-material demand. The brokerage initiates coverage of Greenply Industries and Cera Sanitaryware with buy ratings and target prices of INR385.00 and INR8,500.00, respectively. Shares of Greenply and Cera are 4.5% higher at INR317.85 and 4.0% higher at INR6,769.15, respectively. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2025 02:03 ET (06:03 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>India's Building-Materials Sector Set for Strong Demand Revival -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndia's Building-Materials Sector Set for Strong Demand Revival -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-16 14:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0601 GMT - India's building-materials sector is set to enjoy a strong revival in demand from FY 2026, Axis Securities' Eesha Shah says in a report. Large-scale government initiatives have spurred visible demand across segments like tiles, pipes, sanitaryware, and electricals, the analyst notes. Infrastructure-linked spending continues to drive demand for cement, steel, and pipes, while urban housing programs are supporting finish-material demand. The brokerage initiates coverage of Greenply Industries and Cera Sanitaryware with buy ratings and target prices of INR385.00 and INR8,500.00, respectively. Shares of Greenply and Cera are 4.5% higher at INR317.85 and 4.0% higher at INR6,769.15, respectively. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2025 02:03 ET (06:03 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4544","symbol_name":"ARK ETF合集","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2551117367","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551117367","pubTimestamp":1752645780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0601 GMT - India's building-materials sector is set to enjoy a strong revival in demand from FY 2026, Axis Securities' Eesha Shah says in a report. Large-scale government initiatives have spurred visible demand across segments like tiles, pipes, sanitaryware, and electricals, the analyst notes. Infrastructure-linked spending continues to drive demand for cement, steel, and pipes, while urban housing programs are supporting finish-material demand. The brokerage initiates coverage of Greenply Industries and Cera Sanitaryware with buy ratings and target prices of INR385.00 and INR8,500.00, respectively. Shares of Greenply and Cera are 4.5% higher at INR317.85 and 4.0% higher at INR6,769.15, respectively. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4544":"ARK ETF合集","BK4588":"碎股","BK4585":"ETF&股票定投概念","ARKG":"ARK Genomic Revolution ETF"},"translate_title":"印度建筑材料行业需求强劲复苏——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKG":1,"MNDmain":1},"content_text":"0601 GMT - India's building-materials sector is set to enjoy a strong revival in demand from FY 2026, Axis Securities' Eesha Shah says in a report. Large-scale government initiatives have spurred visible demand across segments like tiles, pipes, sanitaryware, and electricals, the analyst notes. Infrastructure-linked spending continues to drive demand for cement, steel, and pipes, while urban housing programs are supporting finish-material demand. The brokerage initiates coverage of Greenply Industries and Cera Sanitaryware with buy ratings and target prices of INR385.00 and INR8,500.00, respectively. Shares of Greenply and Cera are 4.5% higher at INR317.85 and 4.0% higher at INR6,769.15, respectively. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 16, 2025 02:03 ET (06:03 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}