cement companies

Predatory pricing – it worked for telecom, so why not cement?

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Predatory pricing – it worked for telecom, so why not cement?

“The internet will soon cost lesser than the price of a vada pav,” roared Mukesh Ambani in September 2016 at the launch of Reliance Jio, the latest telecom entrant in an overcrowded market. One gigabyte of data used to cost about Rs225 in those days, and vada pav, Rs12. Fast forward a few years – … Read more

Higher input costs and lower demand may pull cement companies’ margins down

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Higher input costs and lower demand may pull cement companies’ margins down

In the past six months, the Nifty 50 index has fallen close to 9% while the ET Cement index – which includes all key listed entities – has fallen close to 24%. Synopsis According to some estimates, prices of pet coke and Indonesian coal have shot up 55% to 80% in the past five months. … Read more