BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Nirmal Bang Report
We hosted Sagar Cements Ltd. management for a call to understand the company’s future prospects and industry dynamics in the near to medium term. Key takeaways -
For the company, April 2020 was a complete washout and the company lit up first kiln on May 03, 2020 even though the government had given orders to open up a week earlier.
While plant operations were smooth, the company faced logistics issues initially in May 2020.
However, it soon started clocking 170-180k million tonne every month. The demand started coming back to normalcy from June onwards and improved every month thereafter.
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