Cement Q1 Preview - Covid 2.0 Impacts Demand Although Growth Drivers Remain Intact: Axis Securities

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..Axis Securities Report.In Q1 FY22, cement demand was impacted owing to the lockdown-led restrictions imposed at the state level.The demand varied in line with varying timelines and stringency of the lockdowns in various states. While non-trade channel witnessed good demand as various central government projects related to Infra were continuing at good pace, state governments’ projects were partially impacted due to lockdown-led restrictions and partially due to shortage of funds. Demand from the state government's projects is gaining traction post-market re-opening. However, as per dealers, a speedy revival of these projects stands critical for cement demand moving ahead. On a positive note, the availability of the workforce was less impacted relative to the conditions over the last year..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 Q1 Preview - Covid 2.0 Impacts Demand Although Growth Drivers Remain Intact: Axis Securities

Cement Q1 Preview - Covid 2.0 Impacts Demand Although Growth Drivers Remain Intact: Axis Securities

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