Cement demand and prices improved in October, supported by post-monsoon activity and stronger government spending. However, rising petcoke costs could pressure margins in H2FY27. Nuvama remains neutral on the sector and names JK Cement its top pick with a Buy rating.
Cement demand and prices improved in October, supported by post-monsoon activity and stronger government spending. However, rising petcoke costs could pressure margins in H2FY27. Nuvama remains neutral on the sector and names JK Cement its top pick with a Buy rating.
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