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Cement companies exit Q4 with flat prices, risk of margin erosion remains high

Cement prices have been hiked marginally in the month of March in certain pockets but remain stable at an all-India level

Cement companies exit Q4 with flat prices, risk of margin erosion remains high
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Cement prices have been hiked marginally in the month of March in certain pockets but remain stable at an all-India level.

Dealers channel check by Kotak Institutional Equities shows that prices were raised by ₹1, ₹4 and Rs8 per bag in the North, West and Central India.

One cement bag weighs 50 kilograms. On the other hand, prices in the South and East have seen a dip.

On an average, one cement bag now costs ₹377 compared to ₹376, said the Kotak report dated 17 March.

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