New Delhi, Sept. 29 -- Cement companies could attempt another round of Rs 5-20 per bag price hikes across most markets in October, although the ability to sustain the increases will depend on demand recovery and dealer acceptance, Centrum Broking said in a report.

"With fuel prices having increased sharply in recent weeks, the ability of companies to implement and sustain price hikes will remain a key monitorable," the report said.

The outlook follows a pickup in cement pricing momentum in September, with the all-India average trade price rising Rs 7 per bag month-on-month to Rs 356, after remaining largely flat during July and August.

Centrum said its channel checks showed that cement prices gained across both trade and non-trade segm...