Indian Cement Q4 results good
April 20th, 2007
Indian Cement Q4 results are just out. The company had a bumper profits during the quarter. The stock is currently trading at 175.75. Markets says that the results are reasonably good. It may be recalled the cement sector is one of the worst hit in the dip during the February - March 2007.
VC & MD of the company, speaking to a leading media channel, said that the company had seen the good results because of good cost control and that their plant is running with 100%. The cement demand in general too is good (’brisk’).
Entry Filed under: Equities, Q4 2006-07, Cement
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