Cement Stocks Outlook for the week - 30.03.2015 to 01.04.2015
( www.rupeedesk.in )
Stocks
of major cement companies are seen trading with positive bias next week on expectations
of an improvement in the demand for the building material. Cement stocks will
trade with positive bias next week. Stocks have corrected. The demand is
expected to improve from April.
Cement
prices are expected to increase in the coming month. It has been too low this
quarter.
Even
as a real revival in the economy is yet to start, some green shoots are visible
especially in the real estate sector, the biggest consumer of cement, as per industry
pundits.
Recent
announcement by the government to invest in infrastructure projects is likely
to stimulate demand for cement. Cement stocks are likely to trade with positive
bias in the coming week.
