The brokerage expects this demand momentum to be sustained for the next three to four months. With government infrastructure thrust and housing projects firing up, the industry is eyeing a compound growth of 6-7% over the medium term, it said.
Shares of Adani Group companies gained on Tuesday as the listed entities of Gautam Adani-led conglomerate soared as much as 13 per cent after the India-US trade deal.
Union Budget 2026: PLI scheme for Advanced Chemistry Cells (ACC) has seen a 44% drop in allocation from Rs 155.76 crore in FY26 to Rs 86 crore in FY27.
PLI scheme for Advanced Chemistry Cells (ACC) has seen a 44% drop in allocation from Rs 155.76 crore in FY26 to Rs 86 crore in FY27
Markets closed on a positive note on Wednesday, with Sensex and Nifty continuing their strong stride for the second consecutive session on Wednesday amid optimism due to the historic trade agreement signed between India and the European Union (EU).
Among the energy sector names, Adani Total Gas and Adani Green Energy have both declined 35% from their highs recorded in September 2025.
India launched the Advanced Chemistry Cell Production Linked Incentive (ACC PLI) scheme in October 2021 to build domestic battery manufacturing capacity and reduce India’s reliance on imported lithium-ion cells, primarily from China. The scheme is yet to unlock battery manufacturing potential.
Shares of Adani Group companies were seen flying higher on the first day of 2026 as select counters from the Gautam Adani-led conglomerate jumped up to 9 per cent on Thursday.
Axis Securities highlighted that the unified structure will optimise the network and branding, potentially leading to a margin improvement of at least Rs 100 per metric tonne.
Shares of Orient Cement jumped 10 per cent at the opening tick on Tuesday after the Adani Group company announced a scheme of amalgamation with Ambuja Cements.
Shares of Orient Cement climbed 9.85 per cent to hit a high of Rs 180 apiece in early trade. ACC shares fell 0.8 per cent to Rs 1,761.40 apiece. Ambuja Cements added 2 per cent to Rs 550.85 apiece.
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