Management cuts volume growth guidance for FY20E Sales volumes grew 9.6% YoY to 19.6 MSM in Q1FY20. The management indicated that the operational environment remains challenging while the overall industry growth is expected to remain muted in FY20E. However, it expects sales volumes to grow strongly on the back of gains in market share amid the industry's transition to gas based plants & stricter e-way bill implementation. The management has, however, cut its sales volume guidance to 12-13% YoY in FY20E (15% growth guided earlier) on the back...