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Analysts bullish on cement stocks on sustained demand, price hikes

Analysts note that cement manufacturers may have to hike prices further to ensure sustainability of margins amid rising cost pressures.

Topics
Cement stocks | Cement prices | Cement demand

Nikita Vashisht  |  New Delhi 

Cement, cement production
A rise in non-trade demand, and continued demand from rural and individual home builders segments kept cement demand buoyant during January-February 2021

The government’s push on along with sustained demand courtesy has turned analysts bullish on the cement sector. Besides, expectations of further price hikes, to ensure sustainability of the current hikes, further alleviate their concerns on sustenance of margins amid rising cost pressures.

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First Published: Tue, March 09 2021. 14:49 IST
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