Mixed bag of Q3FY13 earnings for Indian cement producers

Mixed bag of Q3FY13 earnings for Indian cement producers
Published: 10 January 2013


A weakness in cement prices and softening demand in the region is expected to hit Q3FY13 earnings of some of India’s cement producers. Only ACC and Ambuja are forecast to record a YoY earnings growth, says research house Jefferies. Grasim, ICEM and UltraTech are predicted to see more modest earnings.

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