Divya Delhi: According to Nuvama Research, better demand and a favorable base will boost cement prices and volumes in the next months. Both prices and volumes are expected to rise in the cement business, according to the report. It said, “We believe the outlook is improving for the cement space as both volumes and prices are likely to record an uptick going ahead, aided by a low base of FY25E.” Cement prices rose throughout all regions in April 2025, with the south leading the way, followed by the east, central, north, and west. Improved demand drove this growth. Dealers expect some recent price spikes to be partially reversed before the end of the month. Price increases are driven by rising demand, mainly from national and state government capital expenditure and CPSEs. Central government capex rose 1% in the first eleven months of FY25 after falling 12% in the first eight.