JK Cement, Dalmia Bharat likely to give 12-15% return in 1 year. Read why

JK Cement, Dalmia Bharat likely to give 12-15% return in 1 year. Read why

Cement sector is expected to revive led by price hikes and easing cost pressures. Cement price has improved across key markets of South India in the range of Rs 10-35/bag with the highest increase seen in Kerala, followed by Karnataka, Tamil Nadu and Andhra Pradesh. Pan-India average cement price increased by ~2% MoM in October … Read more

Cement Sector Q2 preview: Weak quarter due to monsoon, better days are yet to come!

Cement Sector Q2 preview: Weak quarter due to monsoon, better days are yet to come!

Brokerages have remained majorly positive on the cement pack, expecting companies to report decent growth in volumes, revenue and profit after tax (PAT) in the September quarter of the current fiscal year. However, the second is traditionally a soft quarter for cement producers from the demand point of view, considering the fact that monsoon hits … Read more