Better sand availability in Tamil Nadu, higher infra spend to drive growth The recent stay order by the Supreme Court on ban on river sand mining in Tamil Nadu is expected to improve construction activity in coming quarters. The company has 38% of its capacity in Tamil Nadu. Hence, this will be a key beneficiary of the pick-up in demand. Further, apart from Tamil Nadu, a major driver of cement demand in the south market is expected to be the AP and Telangana market. These markets are expected to increase ~15.0% YoY mainly led by higher government spending by both AP, Telangana markets...