Research ReportsCement Q3 Results Preview - Axis Securities Projects Positive Outlook; Ambuja, JK Cement Among Top Stock Picks
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Cement Q3 Results Preview - Axis Securities Projects Positive Outlook; Ambuja, JK Cement Among Top Stock Picks
Cement demand is expected to grow in the range of 4%-6% in FY25, driven by the government's focus on infrastructure development and sustained real estate activity.
Cement demand is expected to grow in the range of 4%-6% in FY25, driven by the government's focus on infrastructure development and sustained real estate activity.
Cement bags lying inside a warehouse in Jogeshwari, Mumbai. (Source Vijay Sartape/ NDTV Profit)
For companies under coverage, volume growth is expected to be around 7%, with flattish revenue growth. However, Ebitda and PAT are likely to decline by 20% and 50%, respectively, due to soft prices on a YoY basis.