Nuvoco Vistas shares moved higher in today’s  trade, opening at Rs.354 and touching an intraday high of Rs.373.40, with the stock maintaining an elevated VWAP of Rs.368.78 amid improved buying interest. It’s the top gainer on the BSE currently. The counter was active despite the absence of any company-specific announcement or operational update, pointing to a sentiment-driven move supported by broader traction in cement stocks.

At current levels, the stock trades well above its 52-week low of Rs.288 but remains nearly 22% below its 52-week high of Rs.477.35, indicating cautious optimism rather than aggressive re-rating.

Market participants attribute the rally to selective accumulation across mid-sized cement names as investors position ahead of the seasonal pickup in construction activity and infrastructure execution. Rising expectations of stable cement prices, improved volume traction in key eastern and central markets, and steady government-led capex are providing a near-term support base for the sector, with Nuvoco benefiting from its strong regional footprint and improving utilisation profile.

The move also reflects valuation comfort after a prolonged period of underperformance relative to larger peers, prompting tactical buying and short-covering. While no fresh trigger has emerged from the company, steady turnover and higher participation suggest traders are positioning for incremental improvement in margins as input cost pressures stabilise and capacity rationalisation efforts progress.

However, in the absence of a structural catalyst, the current upmove is best viewed as momentum-led rather than a fundamental inflection. Sustainability of gains will depend on visibility around volume growth, pricing discipline, and execution in core markets, with investors expected to remain selective as the sector navigates a mix of cost control efforts and demand recovery.