Construction Industry News
According to dealer audits by Kotak Institutional Equities investment producers hiked from Rs 15-20 per bag (5 percent) India, led by dangerous gains in the south and east in April. Only a part will be absorbed and.
Cement prices will rise towards higher prices. Power and fuel costs are likely to rise 10 percent in the April-i quarter, reflecting a rise in coal and pet coke prices in March.
Cost inflation, subdued volume growth and gradual increases to shrinking margins for the quarter ended March.
UltraTech reported flat volumes and power and fuel costs outperformed its pan-Indian counterparts ACC and Ambuja Cements. Nevertheless, the operating result per tonne fell the least. Higher prices of petroleum coke and petroleum coal tend to be in cement makers' calculations after a 30-day delay.
The margins for ACC and Ambuja narrowed as their costs increased. Price increases in a strong quarter have offset the pressure to some extent.
499
989
6309
12599
325
450
2300
3000
3987
0
10757
0
6999
9999
149
250
399
789
2966
5339
17689
35397
2342
0
135
300
