Average Cement Prices Fell By ₹8 Per Bag In October After Gst Rate Cut | Girija Shankar Ray #ETNOW
Average Cement Prices Fell By ₹8 Per Bag In October After Gst Rate Cut | Girija Shankar Ray
Average Cement Prices Fell By ₹8 Per Bag In October After Gst Rate Cut | Girija Shankar Ray
Cement prices have fallen by ₹8 per bag after the GST rate cut, with the biggest declines in southern and eastern India. Girija Shankar Ray, Lead Analyst at Yes Securities, shares insights on current pricing trends, demand slowdown due to seasonality, and the outlook for Q3 and Q4. He also discusses the rise of premium cement, key regions driving growth, rising petcoke costs, and the expected demand revival by FY27
#cementsector #infrastructure #yessecurities #constructionindustry #cementprices #economy #businessnews
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