Cement firms' margins may improve

Increase in the price of cement and peaking out of cost pressures may improve the margins of cement companies, acc­or­ding to a re­search report by Emkay Global Financial Services. The report noted that despite subdued volume growth, cement price movement in September quar­­ter re­m­ain­­ed favourable negating the impact of lo-wer volumes.This coupled with peaking out of cost pressures is expected to result in healthy margins and there could be marginal upgrades in earnings estimates for companies.  Contact: Emkay Global Financial Services. Tel: 022-6612 1212.  Website: www.emkayglobal.com