Cement prices ended the December quarter on a softer footing compared to the previous quarter, but strong underlying demand and rising volumes continue to provide structural support to the sector, said Jyoti Gupta of Nirmal Bang Institutional. Channel checks indicate that while near-term realizations remain volatile due to capacity additions and cost pressures, the medium-term […]
India’s defense manufacturing sector is in the midst of a strong multi-year order book rebound, supported by record approvals, rising indigenization and accelerating exports, although earnings returns will remain uneven due to milestone-driven execution, Jyoti Gupta, principal research analyst at Nirmal Bang Institutional Equities Research, said in an interview with ET Now.Gupta said the sector […]