Cement prices rose month-on-month in September, but it’s not enough to offset the drop seen in past two months.
The cement sector is in the spotlight for several reasons. The Adani Group has concluded the acquisition of Ambuja Cements Ltd and ACC Ltd by purchasing Holcim’s stake in the two companies. Cement prices improved sequentially in September. There is also the ongoing battle against high input costs. Even so, the view for investors in the cement sector is not too pretty.
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