Sanghi Industries’ board has approved issuing non-convertible debenture (NCD) as part of their fund-raising plans. In an interview with CNBC-TV18, Bina Engineer, the Director of Sanghi Industries spoke about the latest happenings in her company and sector.
Sanghi Industries has posted a good set of Q3 earnings. Their profit after tax (PAT) looks good and margins too have jumped up. In an interview to CNBC-TV18, Bina Engineer, Director of the company discussed Q1 performance.
Sanghi Industries in focus after Motilal Oswal initiates a buy rating on the stock. In an interview to CNBC-TV18, Bina Engineer, Director of Sanghi Industries spoke about the latest happenings in the company.
Sanghi Industries posted a flat set of Q2 results. Power and fuel costs have also spiked which impacted the company's performance in Q2. In an interview with CNBC-TV18, Bina Engineer, Director of the company discussed the details.
Sanghi Industries is up 28 percent in the past month. In an interview to CNBC-TV18, Bina Engineer, Director of Sanghi Industries spoke about the latest happenings in his company and sector.
Sanghi Industries posted steady set of Q1 results. In an interview to CNBC-TV18, Bina Engineer, Director of the company discussed the Q1 performance.
In an interview to CNBC-TV18, Alok Sanghi, Whole-Time Director of Sanghi Industries discussed the outlook and road ahead for the company.
"We are expecting the delivery of our own fleet of two ships during next couple of months. So FY18 we will have the benefit of this ship and the coastal shipping for about three-four months. We should see incremental volumes from Maharashtra and Mumbai market", Bina Engineer, Director of Sanghi Industries told CNBC-TV18.
In an interview to CNBC-TV18, Bina Engineer, Director of Sanghi Industries shared her readings and outlook on how FY18 is looking for the cement industry.
"Post-demonetisation there was a lot of anticipation that offered negative impact on the real estate and cement sector. To derisk ourselves, we had garnered aggressive export orders which helped us maintaining the volumes, topline and cash flows for Q3", Bina Engineer, Director of Sanghi Industries told CNBC-TV18.
In an interview to CNBC-TV18, Bina Engineer, Director of Sanghi Industries spoke about the impact of demonetisation on cement and gave her outlook for the company.
"On the pure cement volume, we have achieved a growth of almost 10 percent from 6,02,000 to 6,63,000, which apparently has helped the margins also", Bina Engineer, Director of Sanghi Industries told CNBC-TV18.
In an interview with CNBC-TV18, Bina Engineer, Director of Gujarat-based Sanghi Industries, talked about the cement demand situation in the state and whether there is an uptick going into next year's state elections.
Cement demand and prices, which have seen an uptick, will sustain at current levels in coming quarters, says Bina Engineer, Director of Sanghi Industries.
In an interview with CNBC-TV18, Bina Engineer, Director of Sanghi Ind said that the company has seen a 10 percent price improvement since last quarter in Western India and the retail price per bag of cement is in the range of Rs 270-275 whereas, the manufacturing price stands at Rs 255.
In an interview with CNBC-TV18, Bina Engineer, Director, Sanghi Industries, discussed the company's second quarter earnings and the outlook ahead.
Bina Engineer, Director, Sanghi Industries says the company will invest about Rs 1000 crore for new Kutch cement grinding mill's first phase through internal accruals of Rs 300 crore and through debt of about Rs 700 crore over next 3-4 years.
Bina Engineer, Director, Sanghi Industries, discusses company's future outlook.
The company expects both volumes and prices to improve over the next six months, particularly in the run up to the election.