Reviving cement prices and correction in crude oil prices are expected to revive the profitability of cement manufacturers, which were under constant pressure in FY19. Estimated cement prices pan-India grew at an average of 2% YoY and 3% QoQ in 4QFY19.
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this site are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither IndiaNotes nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.