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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