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This Article is From Nov 17, 2020

Anand Rathi: Sanghi Industries’ Capacity Ramp-Up Will Be Key To Growth

Anand Rathi: Sanghi Industries’ Capacity Ramp-Up Will Be Key To Growth
Laborers unload cement bags from freight trains at the Shakur Basti station in New Delhi, India (Photographer Prashanth Vishwanathan/Bloomberg)

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Anand Rathi Report

Weak demand in its operating regions (Gujarat/Maharashtra) due to Covid-19 and the monsoon hindered Sanghi Industries ltd.'s Q2 performance.

Cost optimisation, however, brought some respite. With the Kutch expansion to commence in Q3, its ramping up amid an uncertain demand environment would be key to watch.

Risks: Demand slowdown; rising costs.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

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