Moneycontrol Bureau
There is more to the cyclical downturn in cement industry, say analysts of the sector that has been struggling at the market. Higher input cost and lower price regime will continue to plague the industry even in the July-September quarter, they say. With the demand-supply glut expected to be the order of the day, cement majors like ACC, Ambuja and UltraTech are unlikely to put up a good show during the current quarter.
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