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Wednesday, December 31, 2008

Slump in the cement industry

A very happy New Year to you!

But, I am not sure if major players in the cement industry would be partying tonight. The reason is the slump in the cement industry.

Not surprisingly, the slump is due to the slow down in the economy or more directly put a slow down in the real estate sector.

This is what today’s Business Line had to say about the industry
Starting on a bullish note with prices touching historic high amid buoyant demand, cement industry slipped on to a sticky wicket as the realty sector was rattled by the unprecedented financial crunch.
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1 comment:

Clara Mellor said...

Nifty Bank gained after ICICI Bank's earnings and Cabinet's approval to amendments to Banking Regulation Act. ICICI Bank surged over 5 percent while Bank of Baroda, PNB, Canara Bank and SBI gained 1-2 percent.capitalstars

May 4, 2017 at 12:45 PM

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