Cement companies might see continued pricing pressure in the fourth quarter even as marginal demand uptick and lower pet coke prices provide cushion, feels Murtuza Arsiwalla of Kotak Investment Banking.
Although, historical trend suggests pick-up in construction activity during this period leading to firming up of prices, dealer interactions hint at lacklustre pricing scenario right now, Arsiwalla says.
He also shares his views on NTPC.Watch video for more...
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