April 18, 2021

Politics & News

Politics and Commentary News Aggregator

Cement’s Demand In Top Gear; Price Hikes In April To Revive Margins: Prabhudas Lilladher

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

Based on our channel checks, all-India cement demand is estimated to grow by 8% in February on a base of up 4%.

We rate the quality of growth far better than September-November 2020, where growth was largely led by pent-up demand and weak base.

Among regions, North and East maintained outperformance over other regions with demand growth at 15% YoY each.

Demand in central region is estimated to have grown by 7%. Western region’s demand grew by 4% on back of mild recovery in Maharashtra.

While, demand in South remained muted with flattish growth.

Click on the attachment to read the full report:

Prabhudas Lilladher Cement Sector Update.pdf


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Prabhudas Lilladher
2021-03-03 01:51:45

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