Thursday, August 16, 2007

Small cement firms may hog limelight

August 16 - The Economic Times - Shares of smaller cement companies are likely to be back in focus led by attractive valuations, firming product prices and likelihood of mergers and acquisitions (M&A) in the sector, according to investment bank CLSA Asia-Pacific Markets.

Though the cement industry is likely to see some news flow, both positive and negative, over the next three months, positive events may be the winner in the near term, which will bring smaller cement shares back to focus, CLSA said in a note to clients. Read More.

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