The March quarter is also traditionally the strongest for cement companies in India because of demand from the construction and infrastructure segments, and analysts expect this trend to play out this time as well, anticipating a volume growth of about 8-10% sequentially. The volume growth will also be conducive in shoring up the operating profit as it lowers fixed costs, analysts said. The March quarter accounts for 27-35% of the cement sold during a year.
Bitcoin trades near $76K, Ethereum at $2,240 as tech selloff, strong US jobs data weigh on crypto markets
Bitcoin hovered near $76,000 and Ethereum around $2,240 as technology stock weakness, AI spending concerns and US crypto legislation uncertainty weighed on sentiment. Despite modest