Cements

The infrastructure led investments in India will drive up the demand for cement and other building materials, said Moody's Investors Service in a report.

NEW DELHI (Reuters) - India's Goods and Services Tax Council will decide whether to cut tax rates on cement after an expert team submits its recommendation, chairperson of the CBIC said on Friday.

With ease in restrictions from July onwards, demand is expected to pick up

Price stability, better sales of flagship and premium products in trade segment improve margins

While the Mukutban project has been financed by a Rs 1,625 crore term loan stretching 12 years from a consortium of four banks led by the Bank of Baroda at less than 9 per cent interest

With growth having shrunk 0.5 per cent year-on-year during FY20 so far, as per latest estimates, price recovery seems distant

He expects increased spending on infrastructure projects by the Centre and acceleration in infrastructure projects and development schemes by the new government in Andhra Pradesh to spur the industry

Company plans to invest around Rs 350 cr over next three years