Presence in strong markets to support growth, going ahead Mangalam Cement has the support of the central region's continued traction of healthy demand and resilience of cement prices in the region to downward pressure. Further increase in prices in the north have also supported realisations during the quarter. Considering a weak first half, due to elections and monsoon, the company expects 7-8% growth in FY20E led by a demand revival in H2FY20E. However, the company faces bottlenecks in the form of its clinker capacity (that the company is trying to work around...