Cement Industry Update And Outlook For FY21: CARE Ratings

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..CARE Ratings Research Report.Cement production fell by 5.9% during January 2021 compared with 7.2% decline witness during December 2020 and 5.1% increase during January 2020.Fall in production could indicate waning pent-up demand and normalising of operations in the infrastructure space. Usually cement production is high during Q4 as construction activities are at its peak.Cement demand is closely linked to the overall economic growth, particularly of the housing and infrastructure sector.Increasing demand from affordable housing and construction work for other government infrastructure projects like roads, metros, airports, irrigation etc. are demand drivers which support cement demand..Click on the attachment to read the full report:.DISCLAIMERThis 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.

Cement Industry Update And Outlook For FY21: CARE Ratings

Cement Industry Update And Outlook For FY21: CARE Ratings

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