PL Capital has retained its'Overweight' stance on the Indian cement sector, citing resilient cement prices despite seasonal weakness, while cautioning that weak demand conditions, elevated fuel costs and poor monsoon trends could weigh on margins in the coming quarters.
PL Capital has retained its'Overweight' stance on the Indian cement sector, citing resilient cement prices despite seasonal weakness, while cautioning that weak demand conditions, elevated fuel costs and poor monsoon trends could weigh on margins in the coming quarters.
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