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Higher volumes, price hikes put cement firms on strong footing

Cement is among the few sectors witnessing strong demand and pricing power

cement firms | cement industry | Indian companies

Puneet Wadhwa  |  New Delhi 

For instance, a rise in volumes, accompanied by a hike in cement prices, is likely to outweigh the impact of rising input costs for most companies in the March quarter (Q4), say analysts, who expect the sector to post strong profit growth

Eight out of 10 cement majors saw their shares scale new highs on Friday, thus adding to the strong gains accrued over the past few months.



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First Published: Sat, April 10 2021. 00:44 IST