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Industry & Economy - Cement
Columns - Ear to the ground
Cement sector remains positive

Marketmen continue to maintain a positive outlook on the cement sector and are of the view that with construction activity expected to pick up further, one may see another upward price revision.

Analysts anticipate that third quarter performance would be equally strong on the back of at least 10 per cent growth in demand. However, a section of the market is of the view that cement prices are already ruling at a high and see no reason for the manufacturers to enforce another hike. The reasoning being a price hike in March would be more appropriate, coming as it would be on the back of YoY base increase.

DEEPTHA RAJKUMAR

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