Stronghold in operating markets to lead to strong bounce back Shree Cement has a strong presence in the north and eastern markets. Historically, every time, the company's sales dip in a particular year, it has bounced back strongly and delivered robust volume growth in the coming years, despite a setback. While the current scenario poses near term headwinds, we expect Shree Cement to rebound strongly. Expectations of normal monsoons would provide some respite to the industry as it would boost rural demand, which forms 30-35% total cement consumption. We...