India's Building Materials Near-Term Outlook Appears Weak -- Market Talk

Dow Jones11-28

0722 GMT - The outlook for India's building-materials sector appears weak in the near term amid poor domestic demand, softer cement prices and high fuel costs, says Nirransh Jain at BNP Paribas Securities. Domestic cement demand remained weak in November because of extended monsoons, particularly in eastern and southern India, and slight impact from some state elections. Cement dealers don't expect prices to rise in the near term, given tight supervision to ensure pass-through of the recent cut in cement GST rates and weak demand amid extended monsoons. U.S. petcoke prices also remained elevated in 3Q, which might add to margin pressure over the next few quarters, Jain adds. UltraTech Cement, Ambuja Cement and J.K. Cement are among his top picks. (monica.gupta@wsj.com)

(END) Dow Jones Newswires

November 28, 2025 02:22 ET (07:22 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2586320929?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-28 15:22","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2586320929","market":"hk","top_or_hot":-1,"title":"India's Building Materials Near-Term Outlook Appears Weak -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0722 GMT - The outlook for India's building-materials sector appears weak in the near term amid poor domestic demand, softer cement prices and high fuel costs, says Nirransh Jain at BNP Paribas Securities. Domestic cement demand remained weak in November because of extended monsoons, particularly in eastern and southern India, and slight impact from some state elections. Cement dealers don't expect prices to rise in the near term, given tight supervision to ensure pass-through of the recent cut in cement GST rates and weak demand amid extended monsoons. U.S. petcoke prices also remained elevated in 3Q, which might add to margin pressure over the next few quarters, Jain adds. UltraTech Cement, Ambuja Cement and J.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. Cement are among his top picks. (monica.gupta@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 28, 2025 02:22 ET (07:22 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>India's Building Materials Near-Term Outlook Appears Weak -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndia's Building Materials Near-Term Outlook Appears Weak -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-28 15:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0722 GMT - The outlook for India's building-materials sector appears weak in the near term amid poor domestic demand, softer cement prices and high fuel costs, says Nirransh Jain at BNP Paribas Securities. Domestic cement demand remained weak in November because of extended monsoons, particularly in eastern and southern India, and slight impact from some state elections. Cement dealers don't expect prices to rise in the near term, given tight supervision to ensure pass-through of the recent cut in cement GST rates and weak demand amid extended monsoons. U.S. petcoke prices also remained elevated in 3Q, which might add to margin pressure over the next few quarters, Jain adds. UltraTech Cement, Ambuja Cement and J.<a href=\"https://laohu8.com/S/TKKD.SI\">K</a>. Cement are among his top picks. (monica.gupta@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 28, 2025 02:22 ET (07:22 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARKG","symbol_name":"ARK Genomic Revolution ETF","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2586320929","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2586320929","pubTimestamp":1764314520,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0722 GMT - The outlook for India's building-materials sector appears weak in the near term amid poor domestic demand, softer cement prices and high fuel costs, says Nirransh Jain at BNP Paribas Securities. Domestic cement demand remained weak in November because of extended monsoons, particularly in eastern and southern India, and slight impact from some state elections. Cement dealers don't expect prices to rise in the near term, given tight supervision to ensure pass-through of the recent cut in cement GST rates and weak demand amid extended monsoons. U.S. petcoke prices also remained elevated in 3Q, which might add to margin pressure over the next few quarters, Jain adds. UltraTech Cement, Ambuja Cement and J.K. Cement are among his top picks. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKG":"ARK Genomic Revolution ETF","BK4544":"ARK ETF合集","AMBUY":"Ambuja Cements Ltd.","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"印度建筑材料近期前景疲软——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKG":1.5,"AMBUY":0.9,"MNDmain":1.5},"content_text":"0722 GMT - The outlook for India's building-materials sector appears weak in the near term amid poor domestic demand, softer cement prices and high fuel costs, says Nirransh Jain at BNP Paribas Securities. Domestic cement demand remained weak in November because of extended monsoons, particularly in eastern and southern India, and slight impact from some state elections. Cement dealers don't expect prices to rise in the near term, given tight supervision to ensure pass-through of the recent cut in cement GST rates and weak demand amid extended monsoons. U.S. petcoke prices also remained elevated in 3Q, which might add to margin pressure over the next few quarters, Jain adds. UltraTech Cement, Ambuja Cement and J.K. Cement are among his top picks. (monica.gupta@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 28, 2025 02:22 ET (07:22 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2586320929","isCrawlerRequest":true}