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The outlook is very good, given G.P. Ispat strong position in TMT market. The demand structure in the TMT industry favors cost efficient and high quality manufacturers such as G.P. Ispat. Bulk of demand has come to Asian countries, particularly in India. Given its integrated operations, G.P. Ispat will continue to be a beneficiary from this demand trend.
The company has already increased capacities and is going for further enhancement, both in terms of volumes and value growth. Therefore, G.P. Ispat is expected to deliver healthy improvements in margins and earnings performance going forward.
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