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Housing scheme in Budget to boost steel, cement, construction
The boost to housing in the Interim Budget is another important proposal from the market perspective since this will benefit industries like cement,...
Infra push to drive cement demand up 10-12% this fiscal: Report
The Centre has increased its budget allocation for infrastructure by Rs 1.6 lakh crore to Rs 5.9 lakh crore for fiscal 2024 from a revised estimate of...
Demand momentum in cement to halt due to deficient rains & upcoming...
Deficient rains this year and upcoming general elections is likely to result in demand slowdown for the cement industry, Centrum Broking said in a...
Time to cement the surge in demand
India’s cement production has been going up in the last few years, after a FY21 drop to less than 300 million tonnes. Currently, it stands around 350...
Cement demand set to rise, but not unusual profitability for Indian...
The infrastructure led investments in India will drive up the demand for cement and other building materials, said Moody's Investors Service in a...
These 5 sectors may see margin expansion in 2023
Companies in cement, automobile, consumers and specialty chemicals might clock better margins this year, says Motilal Oswal Asset Management Company...
Cement makers plan to hike price by Rs 10-15/bag in Dec
The price of cement is hardening across the country and since August this year, the rates have gone up by Rs 16/per bag, said Emkay Global Financial...
Cement companies mull price hike of Rs 10-30/bag
Cement companies are planning to hike the price between Rs 10 and Rs 30 per bag in November after a increase of about Rs 3-4/bag last month, said...