New Delhi, April 8 -- The demand is expected to rise in the cement sector as the government spending ramps up, and it could pave the way for price hikes across regions in April 2025, said a report by Nuvama.

The financial services company further added in the report that, following a dip in prices in March after three months of improvement, the outlook for the coming months appears more optimistic.

"All in all, prices slid in Mar-25 (after improving over the past three consecutive months) on account of the year-end volume push. Going ahead, demand is likely to improve as government spending increases. As per current trends, price hikes are likely to be implemented across regions on Apr-25," the report added.

While prices are still down...