Prices may increase further in the near-term: NCL Ind

There has been steady increase in demand, says K Ravi, MD of NCL Industries. A further increase in prices is likely in the near-term, he adds. 

NCL has taken a price hike of Rs 10-15 per cement bag. However, may see another Rs 10-15 per bag price hike in March, he added.He sees volumes from Andhra Pradesh and Telangana put together at around 20 lakh tonne in February versus 17-18 lakh tonne earlier.

For entire interview, watch accompanying video.