Moneycontrol
Get App
Last Updated : Dec 15, 2011 05:46 PM IST | Source: CNBC-TV18

Expect Q1 of 2012 to be better: Heidelberg Cement India

Ashish Guha, managing director and chief executive officer, Heidelberg Cement India in an interview to CNBC-TV18 said, "In the beginning of the year, we had expected somewhere around 7.5-8% growth in cement consumption which is kind of flat right now. So that’s the reason that prices are not going up."


Cement prices in central India are worst hit till now, Heidelberg Cement India which has maximum exposure in that region has seen a drop of Rs 20 per bag from November till now.

Ashish Guha, managing director and chief executive officer, Heidelberg Cement India in an interview to CNBC-TV18 said, "In the beginning of the year, we had expected somewhere around 7.5-8% growth in cement consumption which is kind of flat right now. So that

Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app.

First Published on Dec 15, 2011 03:32 pm
Follow us on
Available On