Should I invest in UltraTech Cement?
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My friend suggested me to invest in UltraTech Cement, but I am still not sure it’s a good stock to invest in. I know cement is a very unpredictable sector, so no idea what to do. Please suggest.
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Cement stock can offer you portfolio stability in the long term due to ongoing construction and infrastructure development. But it can be volatile, and that depends on global commodity prices, real estate cycles, and government policies.
As for your query, Ultratech Cement is a powerful player, so you can invest in their stocks, but I suggest having a word with a financial expert before investing.