Wholesale prices of cement have fallen by 4-5 rupees per 50-kg bag in Delhi and Bengaluru on account of muted demand. While cement major UltraTech Cement is selling its 50-kg bag of cement at Rs ...

CareEdge Research expects the profit margin of the cement companies to decline by 400-500 bps in FY23,” it said. There has been a 7% YoY increase on an average in wholesale cement prices in H1FY23.

According to a CareEdge report in January, wholesale cement prices increased 7 percent from a year earlier on average in the first half of FY23, while prices remained flat in the third quarter.

Cement makers are most likely to end the current quarter with no meaningful price hikes. ... wholesale cement prices rose 7 percent from a year earlier on average in the first half of FY23, ...

Average wholesale cement prices in Mumbai increased to Rs 389 per 50 kg bag in February this year from Rs 384.50 in December 2021, according to CMI Economic Outlook.

Cement demand continued to remain weak in Apr-May 2013 mainly due to lackluster demand from end user industries. The domestic cement production grew by 8.2% year-on-year (YoY) in Apr 2013 as ...