Q: You did talk about a huge sum almost to the tune of Rs 950 crore, is it also for the purpose of an acquisition perhaps because you would be eventually looking at diversifying your play as well in terms of regional exposure? Is there any company or any plan that you may have outlined in terms of central or western region and you may be looking at acquisitions?
A: We are looking at all options for acquisitions. Whenever they come to the table we evaluate them.
Q: Any deal size that you may have frozen in on?
A: Not at the moment. But we have plans to acquire also.
Q: What about cement prices then, they have looked very robust especially in the southern and eastern markets, what do you see the cement prices stabilizing at?
A: Cement prices had been robust in the central and eastern markets, south was very soft, west has been stable. At the moment, it is stable and in my guess would be stable for the year.
