Brokerage Research Reports
Brokerage Research Reports
TREND | 02 Apr 2018
Reliance Securities
While the demand environment continued to remain favourable in Mar'18 led by sustained pick-up in construction activities across the country barring few pockets, pricing trend remained subdued marked by sharp MoM contraction during the month. Notably, volume push owing to year-end month and fair chances of price hike from April'18 onwards aided volume growth. Demand growth was aided by both trade and non-trade segments and most dealers expect the demand momentum to remain benign till the onset of monsoon, while the prices are expected to bounce back from first or second week of April across the regions barring Central. Exhibit 1: Region-wise average cement prices (Rs/bag)...
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