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Cement companies in India are expected to see their revenue increase by 12-14% in FY23, supported by higher volume growth and better realisation, according to a report by ICRA. However, higher input costs such as power, fuel, raw material and ...
The overall index of India’s eight core sector stood at 126.6 in June 2021, a rise of 8.9%, compared with 116.3 in June 2020. The rise was due to easing of lockdown restrictions and low base effect.The eight core sectors ...
Cement companies’ shares have been on an upward trend for the past few weeks as investors are betting on economic revival and pick up in post-monsoon construction activities, supported by easing of lockdown restrictions. Investors’ sentiments remain positive as the Indian ...
Indian cement industry is part of the eight core industries, which are closely linked to the nation’s economy and benefit immensely when the economy recovers or is on an upward trajectory. Likewise, the cement industry gets affected during an economic ...