Top Cement Stocks in India
India’s cement industry is a cornerstone of the nation’s infrastructure, playing a critical role in construction and development across sectors like housing, transport, and urban growth. As one of the country’s eight core industries, cement is essential to both the public and private sectors, driving consistent demand. With government initiatives such as the National Infrastructure Pipeline (NIP) and Pradhan Mantri Awas Yojana (PMAY) fueling construction projects, the outlook for the cement sector seems promising.
Best Cement Stocks
Wednesday, 16 July, 2025
| symbol | Company | ticker | slug | Sector | Market Price | 52W High | 52W Low | Market Cap (Cr.) | PE Ratio | Industry PE | PB Ratio | Div. Yield (%) | ROE (%) | 1YReturns | 3YReturns | 5YReturns | Market Cap Label | Industry Group | Industry | Sub Industry | percentageChange |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ABUJ | Ambuja Cements Ltd | AMBUJACEM | /stocks/ambuja-cements-ABUJ | Cement | 593.10 | 695.00 | 453.05 | 145,361.23 | 34.88 | 27.70 | 2.28 | 0.34 | 7.27 | -13.31 | 60.67 | 214.39 | Largecap | Materials | Construction Materials | Construction Materials | -0.96 |
| ACC | ACC Ltd | ACC | /stocks/acc-ACC | Cement | 1,979.90 | 2,744.25 | 1,778.45 | 37,142.44 | 15.46 | 27.70 | 2.00 | 0.38 | 13.77 | -26.55 | -7.50 | 53.84 | Midcap | Materials | Construction Materials | Construction Materials | -0.49 |
| ANCM | Anjani Portland Cement Ltd | APCL | /stocks/anjani-portland-cement-ANCM | Cement | 149.94 | 208.41 | 96.20 | 434.75 | -5.38 | 27.70 | 1.46 | 0.00 | -12.33 | -22.93 | -18.71 | 12.93 | Smallcap | Materials | Construction Materials | Construction Materials | 2.01 |
| ANDC | Andhra Cements Ltd | ACL | /stocks/andhra-cements-ANDC | Cement | 67.06 | 103.85 | 48.15 | 623.27 | -4.10 | 27.70 | 4.31 | 0.00 | -68.93 | -31.66 | 788.21 | 1,017.67 | Smallcap | Materials | Construction Materials | Construction Materials | 0.48 |
| BAVA | Barak Valley Cements Ltd | BVCL | /stocks/barak-valley-cements-BAVA | Cement | 37.47 | 76.00 | 34.06 | 82.63 | 15.98 | 27.70 | 0.69 | 0.00 | 6.23 | -38.15 | 70.32 | 167.64 | Smallcap | Materials | Construction Materials | Construction Materials | -1.47 |
| BINZ | BIL Vyapar Limited | BILVYAPAR | /stocks/binani-industries-BINZ | Conglomerates | 12.38 | 23.11 | 9.17 | 38.74 | 5.67 | 38.41 | -0.20 | 0.00 | 0.00 | -23.39 | 8.60 | 8.60 | Smallcap | Materials | Industrial Conglomerates | Construction Materials | 2.58 |
| BRCL | Burnpur Cement Ltd | BURNPUR | /stocks/burnpur-cement-BRCL | Cement | 6.60 | 10.48 | 5.61 | 56.84 | -1.34 | 27.70 | -0.13 | 0.00 | 0.00 | -5.04 | 14.78 | 428.00 | Smallcap | Materials | Construction Materials | Construction Materials | 10.00 |
| BRLC | Birla Corporation Ltd | BIRLACORPN | /stocks/birla-corporation-BRLC | Cement | 1,385.00 | 1,609.90 | 910.25 | 10,549.73 | 35.73 | 27.70 | 1.58 | 0.73 | 6.65 | -12.15 | 49.48 | 141.44 | Smallcap | Materials | Construction Materials | Construction Materials | 0.42 |
| DALB | Dalmia Bharat Ltd | DALBHARAT | /stocks/dalmia-bharat-DALB | Cement | 2,182.30 | 2,245.00 | 1,601.00 | 40,497.19 | 59.29 | 27.70 | 2.31 | 0.42 | 4.02 | 13.12 | 50.67 | 210.71 | Midcap | Materials | Construction Materials | Construction Materials | -1.26 |
| DCNC | Deccan Cements Ltd | DECCANCE | /stocks/deccan-cements-DCNC | Cement | 895.85 | 948.00 | 549.80 | 1,200.23 | 159.61 | 27.70 | 1.67 | 0.07 | 5.30 | 34.55 | 87.32 | 253.60 | Smallcap | Materials | Construction Materials | Construction Materials | 5.12 |
| GRAS | Grasim Industries Ltd | GRASIM | /stocks/grasim-industries-GRAS | Cement | 2,778.60 | 2,896.00 | 2,276.95 | 188,915.18 | 50.98 | 27.70 | 1.36 | 0.35 | 4.30 | -0.90 | 99.52 | 373.70 | Largecap | Materials | Construction Materials | Construction Materials | -0.35 |
| HEID | Heidelbergcement India Ltd | HEIDELBERG | /stocks/heidelbergcement-india-HEID | Cement | 212.88 | 258.00 | 182.42 | 4,877.62 | 45.69 | 27.70 | 3.32 | 0.00 | 11.45 | -5.31 | 20.31 | 21.82 | Smallcap | Materials | Construction Materials | Construction Materials | -0.86 |
| HEMA | Hemadri Cements Ltd | HEMACEM | /stocks/hemadri-cements-HEMA | Cement | 63.25 | 102.98 | 60.10 | 43.22 | -1.60 | 27.70 | 1.88 | 0.00 | -38.18 | -34.07 | 954.17 | 954.17 | Smallcap | Materials | Construction Materials | Construction Materials | 0.55 |
| ICMN | India Cements Ltd | INDIACEM | /stocks/india-cements-ICMN | Cement | 347.80 | 385.00 | 238.85 | 10,716.25 | -74.58 | 27.70 | 1.91 | 0.00 | -3.98 | 13.14 | 101.39 | 195.12 | Smallcap | Materials | Construction Materials | Construction Materials | -0.83 |
| JKCE | J K Cement Ltd | JKCEMENT | /stocks/j-k-cement-JKCE | Cement | 6,456.00 | 6,594.50 | 3,891.45 | 50,305.49 | 58.42 | 27.70 | 8.31 | 0.23 | 15.14 | 48.68 | 196.34 | 353.02 | Midcap | Materials | Construction Materials | Construction Materials | 0.16 |
| JKLC | JK Lakshmi Cement Ltd | JKLAKSHMI | /stocks/jk-lakshmi-cement-JKLC | Cement | 979.05 | 1,006.50 | 660.50 | 11,435.18 | 38.21 | 27.70 | 3.41 | 0.67 | 15.23 | 10.19 | 130.18 | 244.49 | Smallcap | Materials | Construction Materials | Construction Materials | -1.32 |
| JKU | Udaipur Cement Works Ltd | UDAICEMENT | /stocks/udaipur-cement-works-JKU | Cement | 34.83 | 46.35 | 23.10 | 1,942.26 | 192.49 | 27.70 | 2.17 | 0.00 | 9.61 | -21.11 | 50.24 | 22.75 | Smallcap | Materials | Construction Materials | Construction Materials | -0.72 |
| KCP | KCP Ltd | KCP | /stocks/kcp-KCP | Cement | 199.07 | 281.79 | 167.55 | 2,542.07 | 17.28 | 27.70 | 1.43 | 0.13 | 11.43 | -20.46 | 90.59 | 274.54 | Smallcap | Materials | Construction Materials | Construction Materials | 2.25 |
| KEE | Keerthi Industries Ltd | KEERTHI | /stocks/keerthi-industries-KEE | Cement | 75.35 | 138.85 | 65.30 | 60.52 | -2.66 | 27.70 | 0.95 | 0.00 | -21.91 | -39.01 | -45.75 | 110.18 | Smallcap | Materials | Construction Materials | Construction Materials | 0.00 |
| KKTY | Kakatiya Cement Sugar and Industries Ltd | KAKATCEM | /stocks/kakatiya-cement-sugar-and-industries-KKTY | Cement | 160.47 | 253.67 | 130.30 | 124.87 | -9.38 | 27.70 | 0.55 | 0.00 | -0.59 | -33.59 | -18.27 | 14.25 | Smallcap | Materials | Construction Materials | Construction Materials | 1.53 |
| MGLC | Mangalam Cement Ltd | MANGLMCEM | /stocks/mangalam-cement-MGLC | Cement | 755.45 | 1,093.70 | 665.00 | 2,068.21 | 45.90 | 27.70 | 2.55 | 0.20 | 7.62 | -16.24 | 148.63 | 280.01 | Smallcap | Materials | Construction Materials | Construction Materials | -0.87 |
| MNI | Mega Nirman & Industries Ltd | MNIL | /stocks/mega-nirman-and-industries-MNI | Cement | 22.00 | 27.60 | 15.00 | 23.73 | 474.52 | 27.70 | 1.82 | 0.00 | -6.00 | 26.73 | 16.46 | 64.79 | Smallcap | null | Construction Materials | null | 4.95 |
| NCLI | NCL Industries Ltd | NCLIND | /stocks/ncl-industries-NCLI | Cement | 217.26 | 247.30 | 179.21 | 980.42 | 38.94 | 27.70 | 1.15 | 1.85 | 11.52 | -9.70 | 31.67 | 193.00 | Smallcap | Materials | Construction Materials | Construction Materials | 0.49 |
| NIL | Nilachal Refractories Ltd | NILACHAL | /stocks/nilachal-refractories-NIL | Cement | 41.15 | 68.35 | 37.24 | 85.50 | -3.88 | 27.70 | 3.81 | 0.00 | -25.34 | -20.87 | 7.72 | -12.45 | Smallcap | null | Construction Materials | null | 0.00 |
| NUV | Nuvoco Vistas Corporation Ltd | NUVOCO | /stocks/nuvoco-vistas-corporation-NUV | Cement | 365.30 | 385.65 | 287.05 | 12,886.19 | 590.03 | 27.70 | 1.43 | 0.00 | 0.24 | 3.76 | 26.97 | -31.30 | Smallcap | Materials | Construction Materials | Construction Materials | 1.88 |
Disclaimer: Please note that the above list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.
Note: The data on this list of cement stocks is dynamic in nature and subject to real-time changes. This data is derived from Tickertape Stock Screener.
Readymade Model Portfolios in the Cement Sector
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Disclosures for the Cement Theme smallcase.
What are Cement Stocks?
Cement stocks are shares of companies that produce cement and other related products used in the construction industry. The largest cement producers produce and supply cement for buildings, bridges, roads, dams, and other infrastructure projects.
About the Top Cement Stocks India
- UltraTech Cement Ltd: UltraTech Cement Ltd, founded in 1983, is a part of the Aditya Birla Group and is the largest manufacturer of grey cement, ready mix concrete (RMC), and white cement in India.
- Grasim Industries Ltd: Grasim Industries Ltd, a flagship company of the Aditya Birla Group, is a leading player in the Indian industrial landscape and is renowned for its diversified business operations.
- Ambuja Cements Ltd: Ambuja Cements Ltd was founded in 1983 and is one of India’s leading cement producers. It operates under the Holcim Group, focusing on the production of high-quality cement.
- Shree Cement Ltd: Shree Cement Ltd, incorporated in 1979, is a leading cement manufacturer in India and has operations spanning multiple regions across the country. The company also engages in power generation and sales through its captive power plants.
- ACC Ltd: ACC Ltd was founded in 1936 and is one of India’s oldest and most established cement and building material companies. It operates under the umbrella of the Adani Group and is engaged in the manufacturing of cement and concrete.
How to Invest in Indian Cement Stocks in NSE?
Here is how one can invest in the best performing cement stocks for investment:
- Open a trading account or demat account. You can open a demat account with smallcase.
- Investors can utilise tools like the Tickertape Stocks Screener to explore the best cement stocks. They can utilise over 200 filters to create various screeners for comparing different cement stocks in India and to conduct a cement stock analysis.
- Place a ‘Buy’ order on the high-growth cement stocks of your choice.
Latest Updates in the Cement Industry in India
- Growth and Demand: India is the second-largest cement producer globally, contributing around 8% of global installed capacity. The cement demand in India is expected to reach 419.92 mn tonnes (MT) by FY27, driven by housing, commercial construction, and infrastructure projects.
- Market Structure: The Indian cement industry is fragmented, with several small and mid-sized companies operating alongside large corporations. Around 98% of the sector is in private hands, with the top 20 companies contributing 70% of total production.
- Environmental Impact: Cement production contributes 7% of global greenhouse gas emissions. The sector is increasingly focusing on sustainability and green practices.
Government Initiatives in the Cement Industry
- Pradhan Mantri Awas Yojana (PMAY): The Pradhan Mantri Awas Yojana (PMAY) continues to be one of the flagship programs aimed at providing affordable housing to urban and rural poor. In the 2024 budget, the government allocated ₹80,671 cr. for the scheme, expanding it to cover the construction of 2 cr. additional houses.
- PM Gati Shakti National Master Plan: The PM Gati Shakti National Master Plan enhances infrastructure and multi-modal connectivity. This initiative focuses on synchronised planning and execution of major projects across sectors like highways, ports, railways, and airports.
- National Infrastructure Pipeline (NIP): The National Infrastructure Pipeline (NIP) outlines ₹102 lakh cr. worth of infrastructure projects for completion over five years. This initiative covers sectors like transport, energy, and urban development.
Benefits of Investing in the Best Cement Stocks
- Stable Demand: Cement is a fundamental building material, with consistent demand driven by infrastructure projects, real estate development, and urbanisation.
- Strong Growth Potential: India’s growing economy and increasing infrastructure spending provide a favourable environment for the cement industry, offering the potential for growth in high dividend cement stocks or blue-chip cement stocks today.
- Inflation Hedge: Cement prices tend to rise with inflation, making cement stocks with growth potential a potential hedge against inflationary pressures.
- Long-Term Investment: Infrastructure projects and urban development are long-term endeavours, which can make cement stocks for capital appreciation an attractive opportunity for investors with a long-term investment horizon.
Demat AccountRisks of Investing in Cement Stocks
- Vulnerable to Economic Cycles: The performance of small, mid and large-cap cement stocks is closely tied to economic conditions. A slowdown in construction activity due to a recession can significantly impact even the best cement stocks for long-term investment.
- Fluctuations in Raw Material Prices: Fluctuations in the prices of raw materials, such as limestone and gypsum, can impact the cost of cement production.
- Competition: The cement industry is competitive, with both local and global players competing in the market. This competition can put pressure on pricing power and profit margins of even the best cement stocks with high returns.
Factors to Consider While Investing in Good Cement Stocks
- Cyclical Nature of the Industry: Cement is a cyclical industry. This means that economic cycles primarily influence the price and performance of large, mid and small cap cement stocks.
- Competitive Pressures and Consolidation: The cement industry is highly competitive, with several players competing.
- Exposure to Raw Material and Energy Price Volatility: Cement production is energy-intensive and requires raw materials such as limestone and clay.
- Regulatory and Legal Risks: Indian cement companies listed in NSE can be subject to environmental regulations and legal risks, such as fines and penalties for non-compliance. Any change in these regulations can directly impact the top cement share price.
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To Wrap It Up…
Cement stocks currently offer a mix of cyclical tailwinds and structural opportunities. However, risks from regulatory scrutiny and monsoon-led demand dips may impact short-term performance. Sustainability practices and capacity expansion strategies will shape long-term sectoral growth for cement stocks in India.
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FAQs About Best Cement Stocks in India
1. Which risks are affecting cement stocks now?
Regulatory probes by the Competition Commission of India (CCI) into cartelization and the monsoon-led construction slowdown pose key short-term risks.
2. How can I invest in cement sector stocks in India?
You will need a demat account to invest in cement stocks. You can open one with smallcase! After researching the top cement industry stocks, you can place a ‘buy’ order through your demat account.
Pro Tip: Use the 200+ built-in filters on Tickertape Stock Screener to compare different cement stocks and figure out which one is the best!
3. Is it a good time to explore Indian cement stocks?
Since Indian cement stocks with strong fundamentals are cyclical, the ideal time to explore them can be the beginning of economic expansion. However, it’s important to do your own research and/or consult a financial advisor before investing in the best stocks in the cement sector index.
4. Are green initiatives relevant to cement stocks?
Yes. Stocks of leading cement companies in India, investing in alternative fuels, waste heat recovery, and low-carbon cement, are increasingly favoured by institutional investors.
5. How does regional pricing impact cement companies?
Pricing varies by region due to demand–supply differences. South India is currently leading price hikes, improving margins for regionally focused firms.
