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.
IDBI Capital Report
All India cement production in September 2020 has decreased by only 4% YoY.
There has been a pick-up in the construction activity and we understand large players have witnessed a gain in the market share.
On cement prices, our interaction with cement dealers suggests at an all India level, cement prices has increased by approximately 3% month-on-month in November 2020.
With Nov-20 month increase, average cement price is now down 2% in Q3 FY21 (October, November) versus an average of Q2 FY21.
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 brokerage 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.