Cement prices are expected to recover by 5%-6% in the next financial year (2011-12) thanks to slowing capacity addition and sustained demand growth. Consequently, industry operating margins will likely improve to about 26% in 2011-12, a research done by Crisil said on Thursday.
Cement prices to recover in 2011-12: Crisil
Cement prices are expected to recover by 5%-6% in the next financial year...
Written by FE News Deskfe Bureaus
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This article was first uploaded on June four, twenty ten, at twenty-four minutes past ten in the night.