I had a talk with CFO of panyam cements…he agreed that the cartel is there…and it will sustain over years now’s…they have seen the situation they face by competing each other…the reason he told for low performance is monsoon…till today rains are heavy in those areas…now the demand will pick up in next 20days…once rain gets over…he told the performance of the 3rd quarter would be better than the second one…but might not be better than the 1st quarter…this can be a hint that the demand in south is low…but again there was an article shared…that there Is a temporary pause In the developmental activities…there I a delay in the activities…the story In on…with some delays due to monsoons and other delays in construction activity…so guys chill..and stay invested…
Disc-invested in panyam
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