PUNJAB WOOLCOMBERS-Buoyed by Import Liberalisation

Hurt by Cut in Public Sector Investment Jairaj Kapadia MANGALAM CEMENT is the first cement company to have declared its financial results fur the year ended March 31. As the results announced early in May were poor, the market was shocked. Now the company has released the report and accounts for 1992-93 and on going through that it is possible to examine the reasons for the setback in the results.