Although a slight increase in prices was seen in some areas, companies are currently focusing more on volume growth rather than increasing prices. At the same time, rising prices of pet coke globally may put pressure on the margins of companies in the future. Amidst these circumstances, Nuvama has named JK Cement as its top pick in the sector.
Cement Sector: Demand increased in February, prices likely to remain stable; Bullish Brokerage on JK Cement – Big Triggers – Markets
