💨 Abstract

The Axis Securities report for September indicates below-expected cement demand due to heavy monsoons and regional challenges affecting both trade and non-trade sectors. Despite cement prices reaching multi-quarter lows, the overall demand fell short of expectations. Factors such as delayed infrastructure project funding and election-related issues contributed to the demand slowdown in the first quarter of FY25.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖