The price of cement is going to increase, the dream of building a house will be expensive but there may be an increase in stocks.
Why are prices increasing?
Recently, there was a decline in demand for cement, mainly due to the election season, extreme heat and rain. However, now the situation is expected to improve, especially in states like Maharashtra and Jharkhand, where elections have been completed and the demand for cement may increase.
Will this affect stocks?
If prices increase, then the stocks of cement companies may also rise. At the same time, along with real estate and infrastructure projects, Dharavi re-development projects may also gain momentum.
Now, along with the expenses of building a house, there may also be a new opportunity to invest in the shares of these companies.