Orient Paper & Industries is a diversified player in segments such as electric fans, paper & paper board and cement. However, its cement division contributed 58% of total segment sales in the first nine months of FY10. The company's key markets for cement are Andhra Pradesh and Maharashtra. Its cement capacity was 3.4 MT at the end of March 2009, a rise of nearly 41.7% from two years earlier. Orient Paper trades at 5.85 times on a trailing basis. Other diversified cement players in the South, such as India Cements', trades at 8.9 times on a trailing basis.
Bharat Bond ETF
5 years ago
No comments:
Post a Comment