"cement-demand"

New Delhi: A pickup in Centre’s infra development activities is expected to raise cement demand in January, said Motilal Oswal Financial Services Ltd. (MOFSL). According to MOFSL, cement demand has started picking up from the second half of December 2021 after the volume decline in November 2021. “We estimate that sales volume in December 2021 […]

The volume growth is also likely to support operating margins in FY22 at around 20 to 21 per cent, notwithstanding some cost-side pressures, it added.