GOLDEN RULES FOR TRADING

Cement Stocks Outlook for the week – 07 to 11.09.2015

Cement Stocks Outlook for the week – 07 to 11.09.2015

Stocks of major cement manufacturing companies are seen falling next week also, as weakness in broader markets is expected to continue and there are no triggers for cement stocks.
Weak demand for cement is another reason why cement shares have failed to outperform in broader markets. Companies are holding prices at current levels despite the fall in demand.

The demand will remain subdued in the ongoing financial year owing to the weak monsoon and low retail appetite, adding that expected demand to rise if government spending picks up in 2016-17 (Apr-Mar).