Construction Industry News
The valuations in the cement industry are under pressure again. Thanks to consistent poor growth in the demand scenario and erosion in margins which are pushing the cement stocks down.
In the first half of the current calendar year, top cement makers have seen their valuations take a hit by as high as 16 per cent. During this period, cement stocks corrected 10 per cent while benchmark market indices saw a drop of 8 per cent.
249
599
844
1999
399
789
499
800
744
1999
1676
3499
350
420
878
1215
9393
10585
