Cement firms set for blockbuster quarter; realty to boost top line growth

The cement sector is expected to record a strong top line performance, led by robust volume growth, partly aided by the year-ago quarter’s low base. “Led by a strong uptick in urban real estate and infrastructure activity, cement industry volumes have cont­i­nued to recover. A lower base, due to lockdown in March 2020, is also cont­ributing to higher growth,” Motilal Oswal Securities said in a report. Demand remained strong in East, North, and Central India, while the West showed signs of revival. South, however, remained weak in Q4, with 10 per cent Y.....

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