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