Cement Sector Q4 Earnings Preview -Rise In Demand To Push Volumes; Higher Prices To Negate Costs: Anand Rathi
Workers load sacks of cement onto a truck in Patna, India. (Photographer: Anindito Mukherjee/Bloomberg)

Cement Sector Q4 Earnings Preview -Rise In Demand To Push Volumes; Higher Prices To Negate Costs: Anand Rathi

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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.

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.

Click on the attachment to read the full report:

Anand Rathi Cement Sector Q4FY21 Preview.pdf

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