VERIFIEDMint Markets·4 Jun 2026negative

Cement price hikes miss the mark as cost inflation struggle intensifies

AI Summary

·Cement price hikes have not met expectations due to escalating cost inflation.
·Stocks of major cement manufacturers have seen a decline of 6-23% in 2026.
·Ambuja Cements and ACC, both Adani Group companies, have experienced stock drops exceeding 20%.