Why are some sectors underperforming despite investments?
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There are some sectors like cement, specifically Ambuja Cement, and others that are doing well in the market, but what is the reason why some companies like United Spirits and hospitality companies's stocks are struggling in the market at a time when Indians are actually investing in local stocks?
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Ambuja Cement is thriving due to strong government infrastructure investment and high sector demand. Conversely, liquor and hospitality companies like United Spirits face difficulties from rising regulations, excise duties, and reduced consumer spending on non-essentials.