New Delhi [India], December 27 (ANI): The Indian cement industry must significantly improve its profitability, with EBITDA needing to exceed Rs1,000 per ton to justify the bare minimum return on capital employed (ROCE) for future investments, according to a report by IKIGAI Asset Manager. Achieving this profitability threshold would require substantial pricing support, underscoring the […]
Incremental investment in cement sector will come only when profitability improves: Report
