While it is true that cement prices have not seen the anticipated recovery yet, the easing of cost inflation pressures offers respite and bodes well for the sector s operating performance
Interesting trends like easing of inflationary pressure, bottoming out of the rural demand weakness and services export not affected due to slow down in advanced economies were seen after the Q3 results, said JM Financial Institutional .
In the report, JM Financial said the easing of inflationary pressure, reflected in higher EBITDA margins. While the rural demand has not picked but the weakness has bottomed out.On t
India’s average daily domestic air passenger numbers in Feb increased to around 420,000 from 410,000 in Dec. The average daily passengers in Jan and Feb have also been higher than the figures recorded in the festival months of Oct and Nov, which saw 370,000 and 390,000 respectively