HEG’s margin tampered due to higher needle coke prices: Manish Gulati, CMO & COO
Now, we are operating in a stable environment. So, when you are comparing Q4FY2018-19 with Q4FY2017-18, year-on-year (YoY), then the pricing was almost the same but higher prices of needle coke, which is a prime raw material for HEG, led to a contraction in the fourth quarter, says Manish Gulati, CMO & COO of HEG Ltd.
I think that the situation will correct in the next 2-3 months and then demand will be equal to supply, says Manish Gulati, CMO & COO of HEG Ltd. Image source: Zee Business