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cement firms

CARE: Cement manufacturers’ profitability to improve in current fiscal

CARE: Cement manufacturers’ profitability to improve in current fiscal
In a recently-released report, rating agency CARE Ratings has revealed that the improved price of cement will likely bring about a notable improvement in the profitability of domestic cement manufacturers in the current fiscal year, owing to higher realisation. CARE said in its report that despite the fact that “monsoon impact” may cause a partial [...] Continue Reading »

Cement prices fall due to weak demand

Cement prices fall due to weak demand
Delhi- From the past one year, demand for cement has been deteriorating. Consequently the price of cement had fallen significantly by the end of February which has been curbing the hopes of growth estimates for the March quarter. Most of the cement firms have witnessed drop in quantity of cement sold in the year. Pan-India cement [...] Continue Reading »



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