Moneycontrol PRO

Midcap cement duo that deserve attention

The near-term trajectory for the cement companies once again appears uncertain, but government spending in infrastructure development and policy reforms are expected to boost volumes post the easing of restrictions

June 18, 2021 / 10:52 AM IST
Midcap cement duo that deserve attention

India Cements | CRISIL assigned long term rating for company at A/Stable, and short term rating at A1.

PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook

The cement industry posted a healthy Q4FY21 on the back of a sustained pick-up in economic activity. The broad-based demand across the retail and the institutional channels aided cement off-take across regions. While the localised lockdowns due to the second COVID wave is once again posing challenges to project execution, the cement industry is hopeful that construction activities will regain momentum post the lifting of restrictions. Healthy volume growth across the board JK Cement maintained its healthy earnings momentum and delivered...

  • PRO Panorama

    Moneycontrol Pro Panorama | Economic recovery remains anything but smooth

    Jul 27, 2021 / 03:57 PM IST

    In today’s edition of Moneycontrol Pro Panorama: Cracks in bank earnings, the IPO buzz gets louder, The Green Pivot, L&T growth story builds, need for population policy, Tiger Global kicks up dust, and much more

    Read Now
  • PRO Weekender

    Moneycontrol Pro Weekender | Where are you on India’s wealth ladder? 

    Jul 24, 2021 / 10:00 AM IST

    The top 5 percent of Indians own more wealth than the other 95 percent put together, according to Credit Suisse

    Read Now

To read the full story, Subscribe to Moneycontrol PRO

Access the exclusive stories, weekly investment ideas and daily technical calls in an Ad free experience

Already a member? Sign in

Limited Period offer on Moneycontrol PRO. Subscribe to PRO and get up to

50% OFF

What Do You Get

  • Ad free experience

    Experience a non-intrusive navigation and faster response in the ad free mode

  • Sharpest Opinions

    Access to 230+ exclusive stories per month from our editorial and Experts

  • +

    Have a Global edge with access to content from world renowned experts and journalist

  • Actionable Insights

    Access to 40+ weekly investment ideas including 4 daily technical calls

  • Virtual Events

    Exclusive access to live webinars from market experts on trading and investment strategies

  • Newsletters

    Daily and weekly insights bundled and sent to your inbox to keep you ahead in the race.

Get upto 50% discount on limited period offers