HM Bangur, Chairman, Shree Cement Indicates Cement Price Hike Starting In Q2 Of FY 2024-25

HM Bangur, Chairman, Shree Cement, hints at an upcoming cement price hike in the second quarter of 2024-25, citing cost pressures. He notes that cement prices remained relatively stable from FY22 to FY23 but anticipates an increase in quarters 2 and 3. Shree Cement intends to implement price adjustments from the second to the fourth quarter. Additionally, Bangur attributes low demand in the first quarter to factors like high temperatures and ongoing elections.