MORGAN STANLEY on Cement Companies

MORGAN STANLEY on Cement

Ambuja – Upgrade to Overweight from Equal-weight; Hike TP to Rs 775 from Rs 665

UltraTech – Maintain Overweight; Hike TP to Rs 13620 from Rs 11600

ACC – Maintain EW; Hike TP to Rs 2930 from Rs 2700

Grasim – Maintain EWt; Hike TP to Rs 2990 from Rs 2570