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.
Nirmal Bang Report
Cement prices across the country witnessed a marginal seasonal correction in August 2021 amid a sharp increase in various input costs.
All-India cement prices declined by 1.4% month-on-month in August 2021 and are now down by just 1.9% on QoQ basis.
This is on the back of ~6% QoQ increase in realisations for our coverage universe in Q1 FY22.
While pricing is largely resilient across various regions, we have seen sharp corrections in some parts of South India and West India.
Pricing in Central India remained stable whereas West and South saw some correction in prices.
In West India, Pune and Nagpur saw a sharp decline in cement prices whereas in South India, Hyderabad reported a sharp drop in prices.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR