At present , cement prices in Mumbai are ruling around Rs 172 per 50 kg bag . Analyst feels that cement companies are experimenting a price hike keeping in mind that in case the rise is unsustainable they will roll back the prices to the existing levels . With a six per cent demand growth in last month against a negative growth in the previous year , there exists a fair possibility of a price hike . Moreover , prior to the monsoons this would be the final attempt by the cement manufacturers to boost their bottomlines as with the onset of the monsoons the prices would crash . Page 6 of 8 Oher news this month I. Rising realisations boost stock prices of cement cos.
Builders see inflow from southern cos.
V. Cement sector set for consolidation. NBCC bags projects worth RS 133 crore.