http://www.thefirstreporter.com/business/care-upgrades-jk-lakshmi-cements-long-term-rating-to-aa/ The First Reporter Sat, 13 Mar 2010 00:30:08 +0500 http://wordpress.org/?v=abc hourly 1 http://www.thefirstreporter.com/business/care-upgrades-jk-lakshmi-cements-long-term-rating-to-aa/#comment-220 yaya Wed, 25 Nov 2009 05:49:28 +0000 http://www.thefirstreporter.com/?p=1976#comment-220 The rating revision came at a time when the downward sentiments have started appearing for the sector. i can only say go cautious on cement stocks. They have seen wonderful figures till sept. 09, that makes them more vulnerable to any change in the scenario. Presently an oversupply scenario has created a panic among the players leading prices downward. Also Ambuja/ACC's decision to skip cma may adversely affect the joint working of all manufacturers towards the one goal. The rating revision came at a time when the downward sentiments have started appearing for the sector. i can only say go cautious on cement stocks. They have seen wonderful figures till sept. 09, that makes them more vulnerable to any change in the scenario. Presently an oversupply scenario has created a panic among the players leading prices downward. Also Ambuja/ACC’s decision to skip cma may adversely affect the joint working of all manufacturers towards the one goal.

]]>