New Delhi, May 20 -- The outlook for the Indian cement sector is improving as both demand and prices are likely to rise in the coming months, according to a report by Nuvama Research.

The report highlighted that the sector may benefit from a low base in FY25 and better demand conditions going forward.

It said, "We believe the outlook for the cement space is improving as both volumes and prices are likely to log an uptick going ahead, aided by a low base of FY25E".

In May 2025, cement prices saw an increase across all regions, with the southern region leading the trend, followed by the eastern, central, and western markets. This price hike was mainly driven by an improvement in demand.

However, the report also noted that dealers expect...