Fairval

Notes on Indian equities, sectors and economy

Cement valuations

Posted by fairval on July 5, 2010

Cement Valuation Range for top end companies

The EV/Capacity chart is a bit of a novelty. Leading companies are quoting at $150/ton or above. Cement growth continues to be strong, so valuations may not plummet to low end of the range. However, more downside than upside risk clearly

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