Cement demand in India is expected to continue growing at a double-digit YoY rate in Apr-May 2023, backed by governmental infrastructure development and rising private capex and real estate demand. Consequently, cement companies expect volumes to increase approximately 10-20% YoY in FY24.
Sugar stocks rally continues: Balrampur Chini, Dhampur Sugar, Uttam Sugar Mills rally up to 4%. Two big triggers
Sugar stocks rallied as domestic sugar prices surged sharply over the past month. Government data showed retail prices rising from Rs 48.18/kg on July 20