cement companies: higher input costs and lower demand could push cement companies' margins down

cement corporations: increased enter prices and decrease demand may push cement corporations’ margins down

Over the previous six months, the Nifty 50 index is down practically 9%, whereas the ET Cement index — which incorporates all main publicly traded entities — is down practically 24%.

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By some estimates, the costs of pet coke and Indonesian coal have elevated by 55% to 80% prior to now 5 months. Home brokerage IIFL Securities mentioned it may result in a 350-400 per tonne improve in cement firm working prices.

ET Intelligence Group: Cement corporations’ working revenue margins may decline 5-6% year-on-year in FY23 because of the excessive value of important inputs akin to petroleum coke (petcoke) and coal, elevated competitors and subdued demand, analysts say. By some estimates, the costs of pet coke and Indonesian coal have elevated by 55% to 80% prior to now 5 months. Home brokerage IIFL Securities mentioned it may result in an increase within the

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