Orient Cement:  Demand Outlook Positive; Expansion Still On Hold, Says Anand Rathi
Gravel and sand are loaded onto a conveyor belt at the concrete plant. (Photographer Jack Atley/Bloomberg)

Orient Cement: Demand Outlook Positive; Expansion Still On Hold, Says Anand Rathi

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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.

Anand Rathi Report

We recently spoke to Orient Cements Ltd.’s management for a perspective on its business operations and outlook.

With the uncertain demand milieu and its focus on a lean balance sheet, its capacity expansion continues to be on hold, the priority being on essential capex.

Cost pressures will rise with high input costs; however, management said profitability would improve on the better demand outlook and firm prices.

Click on the attachment to read the full report:

Anand Rathi Orient Cement Company Update.pdf

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