Cement manufacturers are expected to see a significant improvement in profitability this fiscal, with operating margins set to rise by 250-300 basis points (bps) owing to better realisations supported by premiumisation and stable input costs, according to Crisil Intelligence.
Mumbai (Maharashtra) [India], Apr 27 (ANI): Global steel prices will remain elevated in the first quarter of this fiscal due to higher realisations and new capacities coming on stream before cooling sequentially, according to Crisil.