Cement Sector Q4 Earnings Preview -Rise In Demand To Push Volumes; Higher Prices To Negate Costs: Anand Rathi
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Anand Rathi Report
For Q4, cement companies are likely to report good volumes on greater
- demand, backed by strong rural, housing and infra demand and a
- favourable base of the 8-10 days lost in March 2020.
- Despite rising costs, profitability will rise boosted by higher prices and cost optimisation.
- We prefer Birla Corporation Ltd., The Ramco Cements Ltd., Dalmia Bharat Ltd. and Orient Cements Ltd.
- Strong demand persists.
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