ACC has reported 9% growth in its dispatches for the month of January 2012. The dispatches for the month stood at 2.23 million tonnes as compared to 2.05 million tonnes in the corresponding month previous year.
On sequential basis (compared to Dec 2011), the dispatches of the company grew by 6.7%. Hence it shows a sign of improvement in the cement offtake. We believe the momentum in the volume growth to continue for coming couple of months due to seasonally favorable period for the cement offtake.
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On sequential basis (compared to Dec 2011), the dispatches of the company grew by 6.7%. Hence it shows a sign of improvement in the cement offtake. We believe the momentum in the volume growth to continue for coming couple of months due to seasonally favorable period for the cement offtake.
....more info