Cement stocks under pressure; CRISIL expects cement prices to dip 1-3% in FY24
Cement prices are expected to fall due to cooling costs and intensifying competition, says CRISIL
Cement prices are expected to fall due to cooling costs and intensifying competition, says CRISIL
Large investments in roads and infrastructure projects will fuel cement demand, says Moody's.
Cost escalations, which the sector has been experiencing since the start of 2022, persisted during the second quarter.
The GST Council is expected to meet later this month and it will consider a report from the Group of Ministers (GoM) on GST slab rationalisation.