We feel the competitive pressure will continue to remain high in the northern and western regions. However, the companies with strong presence in east, central and south (specifically Andhra and Telangana) region will benefit from an improved demand environment in these geographies.
Yashwant Mishra, President-Corporate & CFO of Mangalam Cement, says the company could only used 68% of its capacity. The cement co expects a turnover of up to Rs 1,300 crore this year.