Price hike rollback, rising input costs dim outlook for cement

A sudden rollback of price increases in November due to low demand and the competition watchdog's likely scrutiny continue to weigh on cement stocks even as higher petcoke and coal prices dent profitability. Analysts believe the outlook on realisations for cement companies is not likely to improve anytime soon, making valuations look unattractive despite recent corrections.


via Economictimes

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