Cement News

Cement stocks: Cement companies to post strong H2 on cost gains, price rise

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ET Intelligence Group: Analysts foresee a better performance by cement companies in the second half of the present fiscal year following lower raw material prices, improving construction activities and higher cement prices. They expect the average earnings before interest, taxes, depreciation, and amortization (EBITDA) per tonne for the sector to increase by at least 35 per cent to around Rs 1,300 by the end of March 2023 quarter compared with

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