Cement sector outlook: CLSA prefers UltraTech, Shree; sees H2 recovery

CLSA prefers UltraTech Cement and Shree Cement as the sector eyes a recovery in H2FY27. While Q1 earnings surprised with strong growth, firms face pressure in Q2FY27 due to high fuel costs. The brokerage said, "demand remains resilient despite the seasonally weak period," keeping the long-term outlook for cement positive.