Grasim has interests in viscose staple fibre, cement, chemicals, textiles and sponge iron. The main source of profits is cement. Cement companies are enjoying strong demand and have even raised prices recently. In March 2009, the price of cement went up by about Rs10 per 50kg bag. Simultaneously, there has been a sharp correction in coal prices from $193 last year to $62 now. This benefit was...