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However, cement manufacturers said the strike will impact the supplies only if it continues for more than 4-5 days. HM Bangur, CMD of Shree Cement told FE, "We are hopeful that the transport services will resume in a day or two. As it has started today, it will be premature to comment on the long term impact.
Shree enjoys the highest market shares in prime markets of Delhi, Haryana <br /> and Rajasthan. The Company pursues a multi-brand strategy. The three brands, viz. Shree <br /> Ultra Jung Rodhak Cement, Bangur Cement and Rockstrong <br />tuff cemento cement, appeal to different customers and thus create a more diverse and broad customer base.
Below is the edited transcript of HM Bangur interview on CNBC-TV 18. Q: I wanted to check with you on the cement prices situation because the latest we hear is that cement prices have fallen by.
HM Bangur, president of the CMA and managing director of Kolkata-based Shree Cement, said, "Right now, mobilisation through the rail route is coming down and if the Indian Railways is increasing rates, we will have to organise trucks and other resources to shift the cost burden.
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Cement prices dipped by around Rs5 (for a 50-kg bag) following the cut in excise duty. But the price reductions were temporary. With demand rising, cement producers have started raising prices.
Cost cutting is over, we are raising prices in all markets: HM Bangur, Shree Cement. People talk only when the price rises, when it falls, everybody is quiet, says Bangur. 10 Jun, 2019, 01.29PM ist. international paper to sell control of West Coast Paper back to Bangur Group.
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We bring you three Indian entrepreneurs who have made a mark for themselves in the global market. HM Bangur, MD, Shree. will cut interest rates, since inflation seems to be coming down and growth.
The company has also cut on the logistics cost by relocation of markets. For Q4 too, the fuel cost trend is downward and we have booked at lower price," said Shailendra Chouksey, director, JK Lashmi Cement. The company’s sales grew marginally over the 2Q while net profit jumped over 108 per cent.
Cost cutting is over, we are raising prices in all markets: HM Bangur, Shree cement economic times. people talk only when the price rises, when it falls, everybody is quiet, says Bangur.