Consolidation is the name of the game in India’s cement sector, but another emerging trend is the growing thrust on green energy. Cement companies are making significant investments in waste heat recovery systems (WHRS) and other renewable energy sources such as solar and wind power. This is expected to reduce […]
Cement companies
Domestic brokerage firm Systematix Institutional Equities anticipates cement companies within its coverage to deliver subpar performance in the first quarter, primarily due to weak prices and lower volumes impacting earnings. Despite numerous efforts, cement companies have struggled to implement price hikes, resulting in an average drop in realisations of ₹111/tonne […]