South India's cement sector is witnessing a promising price recovery, with sustained hikes and a shift towards value over volume. Experts anticipate significant price increases in the coming months, driven by a focus on profitability and a projected 7-8% volume growth next fiscal year, largely fueled by rural demand. This trend signals a potential for improved industry performance.
Corporate earnings in India are poised for a stronger FY27, driven by nominal GDP growth and rupee depreciation, according to Manish Gunwani. While AI disruption is currently influencing market sentiment more than earnings, domestic and export-oriented sectors are expected to benefit from the overall economic uptick.
Indian markets face uncertainty driven by US tariff concerns and geopolitical factors, leading to cautious sentiment. AI's impact on IT services remains unclear, while digital lending platforms show potential for financial services. The auto sector exhibits mixed but positive momentum, with ferrous metals also showing promise.
Waaree Energies shares saw a rise after securing a significant order. The company will supply 500 MW of solar modules to a domestic solar power developer. This is a one-time contract for the financial year 2026-27. Waaree Energies is also in talks for a new manufacturing facility. The company's recent financial results show strong profit and revenue growth.
