Sagar cements seems to have worst year in past 7-8 years, OPM at low of 7% as compared to 12%-14% average OPM. With fall in crude prices and moderate corrections in fuel cost, we can expect the margin to inch higher from here. The company is trading at EV/t of around $50-$60, as compared to $100/t replacement cost.
Disclosure: Invested, not a recommendation, only an opinion.
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