Cement: Demand stays strong; fuel costs cool off further
We expect industry volume to grow by ~9% YoY in FY24. We expect fuel prices to further correct by at least ~INR 100 per MT QoQ each in Q2/Q3FY24
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Cement - Q1FY24 Earnings Preview
TOP RESULT PICK: UltraTech Cement, Ambuja Cement, Dalmia Bharat, Birla Corporation, JK Lakshmi, Star Cement. After witnessing good volume growth in...
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HSIE Results Daily: Ambuja Cement, ACC
During Q5FY23 (financial year moved to Mar vs Dec), it reported only 5% QoQ standalone volume growth (capacity constraints)
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Cement - Strong Demand, Fuel Pressure Easing Out
We estimate our coverage universe of 15 companies to deliver strong 9/14% YoY/QoQ volume growth (four-year CAGR: 7%) in Q4FY23
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Q4FY23 - Consolidated Earnings Preview
Q4FY23 earnings season was marked by weaker macro, rising interest rates, banking challenges in the US and European markets, and moderation in...
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