For now, the management has indicated that prices have sustained in most markets. The industry has increased prices in September and October in most regions, taking the current all-India (average) prices 7-8% higher versus June, the management said in its September quarter (Q2FY24) earnings call. This could boost sequential realisations growth. Usually, pricing tends to be strong in the second half of the financial year. But peers are also adding capacities and competition should stiffen, especially as election-led demand gradually wanes, potentially weighing on prices.
Denne historien er fra October 23, 2023-utgaven av Mint Mumbai.
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Denne historien er fra October 23, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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