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Cement - Products/Building Materials

India is the second largest cement producer in the world. However, it is way behind China, where the capacity is more than five times larger. Cement is a low-value and high-volume commodity and is mainly concentrated near limestone deposits available in few States. It has a high rate of excise duty and accounts for 5% of total excise duty collection. During ... more »

UPDATES

September 29 2014, 14:08

Change in product mix to aid profitability: Sanghi Ind

Religare believes company’s steep valuation discount is unwarranted as Sanghi Industries is on the...

ADVICE

September 26 2014, 14:00

Buy Sanghi Industries; target of Rs 90: Religare Capital

Religare Capital is bullish on Sanghi Industries and has recommended buy rating on the stock with a target of Rs 90 in its September 25, 2014 research report.

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