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Don't see cement price fall or earnings hit post CCI order: Pros

The Competition Commission of India (CCI) on Wednesday imposed Rs 6,700 crore penalty on 11 cement companies and their lobby group Cement Manufacturers Association (CMA) for alleged cartelization and price collusion.
Expect demand to improve post monsoon: Mangalam Cement

Mangalam Cement reported good Q1 FY17 numbers. Yaswant Mishra, President - Corp & CFO of Mangalam Cement expects the demand to improve post monsoon season.
See margins improve from 9.7% in Q2: Mangalam Cement

The company is also looking to improve its EBITDA from Rs 390/tn in the last quarter to Rs 700/tn going ahead.

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