Cement stocks saw gains on Wednesday following price hikes by dealers after months of stagnant margins. The increases, ranging from ?10–30 per bag and reflecting a quarterly rise of 3.5%, signal a recovery in demand and boosted sector sentiment.
Stocks across the industry rose between 1.8% and 3.4%, driven by improved labor availability post-festive season and a surge in orders from real estate and infrastructure projects. Although prices remain around 5% lower than the same period last year, the market shows optimism for a sustained recovery.
Cement volumes, weak in October, began recovering in late November, and brokerage reports anticipate an additional 4% price hike in the second half of FY25, fueled by stronger demand and cost efficiencies. The recent price adjustments are expected to support continued growth and further strengthen demand into FY26.
