Cement prices to rise in second half of FY22: HDFC Securities report

19 Oct 2021 CW Team

According to the report by HDFC Securities, cement prices are likely to increase during the second half (H2) of FY22 owing to cost inflation.

Cement demand has increased from June 2021 as the Covid-19 pandemic decreases.

The cement demand continues to recover and has supported limited price correction during monsoon, the report says.

According to the report, the prices of cement will continue to rise during H2FY22 as the cost inflation is firming up and has impacted the cement industry. The rising demand and increased consolidation should support the industry's cost pass-through ability.

The report said that the prices of pet coke have increased by 20% quarter-on-quarter basis (QoQ). Imported thermal coal prices have also increased by 33% QoQ. The increasing prices of crude oil have pushed diesel prices by 7% QoQ. The industry has built Rs 80-100 million tonnes input cost inflation and Rs 20-40 million tonnes freight cost rise QoQ.

The brokerage expects aggregate revenue from its coverage to increase by 14% on a year-on-year (YoY) basis on higher volumes in the second quarter (Q2) of FY22.

Image Source

Also read: Cement production to increase by 12% in FY22: ICRA report

Infrastructure Transport

18 Dec 2025

RVNL secures Rs 1.65 billion railway bridge project from North Eastern Railway

Rail Vikas Nigam (RVNL) has received a Letter of Award (LoA) from North Eastern Railway for a Rs 1.65 billion railway infrastructure project, strengthening its order book and showcasing its expertise in complex railway construction.The project involves constructing the substructure of a major railway bridge over the Gandak River, located between Paniyahwa and Valmikinagar stations. This is part of the doubling of the Gorakhpur Cantt–Valmikinagar railway section, aimed at improving line capacity and operational efficiency.The bridge will feature 14 spans of 61 metres each, built on double D-t..

Raebareli’s Modern Coach Factory rolls out 15,000th railway coach

The Modern Coach Factory (MCF) at Raebareli in Uttar Pradesh has achieved a major manufacturing milestone with the rollout of its 15,000th railway coach on December 15, the Ministry of Railways said.In a press note, the ministry said that MCF has already produced 1,310 coaches in the current financial year 2025–26, reflecting sustained high output at one of Indian Railways’ most advanced passenger coach manufacturing units.Established in 2007 at Lalganj in Raebareli district, MCF was built at a cost of Rs 31.92 billion with an initial annual production capacity of 1,000 coaches. The factor..

RailTel wins Rs 260.88 million IT infrastructure order from VOC Port

Navratna public sector undertaking RailTel Corporation of India has secured an IT infrastructure order worth Rs 260.88 million from V.O. Chidambaranar Port Authority (VOC Port), strengthening its presence in port-led digital transformation projects.According to an exchange filing dated December 16, 2025, RailTel has received a Letter of Acceptance (LoA) from VOC Port Authority for the implementation of advanced IT infrastructure at the port. The project is domestic in nature and is scheduled to be completed by August 15, 2026.The company said the order has been awarded in the normal course of ..