Will the wave of mergers lead to sustainable re-rating? History is favoring a Yes. 5 cement stocks with upside potential of up to 44%

​​It has been seen that the decline in demand is not as strong as it used to be, maybe because the overall thrust on infrastructure is far higher or the fact that as the economy grows, the overall demand matrix is better for cement companies. Like the way other industries have gone through consolidation, cement is going through a wave of consolidation once again and there are enough examples from the past where mergers and acquisitions have preceded the next round of re-rating of the stocks.