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.
Anand Rathi Report
With the impact of the monsoon ebbing and seasonal demand picking up due to the coming festivals (Navratri, Dusshera), cement companies have hiked prices across regions (North ~Rs 15, South ~Rs 40, West ~Rs 10, Central ~Rs 10 a bag); in the East, though, dealers expect a price hike of at least Rs 10/bag post Durga Pooja.
Our channel checks suggest retail demand would be strong whereas institutional demand may be hit by higher prices of steel, diesel and sand, and by government-funding issues in some regions.
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