India Cements: investors could consider on long-term basis

Published 24 April 2012

Tagged Under: Chennai India Cements India 

Chennai-based India Cements is a leading player in southern India and has benefited from strong cement prices, given production discipline amongst local producers over the past few quarters. Consequently, total cement dispatches in the southern region grew just 1.8% YoY during FY12, and the pace was much slower than the all-India growth during this period, Point Out brokerage house reports.

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