Cement stocks face hurdles from sluggish demand, rising costs: Nuvama
Cement stocks face headwinds from sluggish May demand, rising input costs, and geopolitical risks, says Nuvama. Price hikes stalled, and cost pressures from petcoke are expected to squeeze margins, making infra capex key for profitability. The trajectory of infrastructure capex, potential price hikes, and rising input costs will be key to cement stocks in the … Read more