Cement demand in TN to go up for rehabilitation: NCL

In the wake of the Tamil Nadu floods, NCL Industries have said that their business is not much impacted as Chennai comprises only 10 percent of total sales.

The stocks for the company have rallied by 410 percent in the last one year and the sales volume has increased by 35 percent at 6.20 lakh in the first half of this fiscal.

In an interview with CNBC-TV18, K Ravi, MD of NCL said that after things settle in Chennai the demand will grow for cement and the losses will be covered.Watch video for more.