Media: 4QFY12 newsprint update: modest correction but Rs/US$ could play spoilsport :: Kotak Securities PDF link

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Media: 4QFY12 newsprint update: modest correction but Rs/US$ could play
spoilsport
` Rs/US$ seems to be the only joker in the FY2013E newsprint price cycle
` Global newsprint demand-supply situation remains balanced
` Limited cost inflation as raddi and relevant energy prices decline
` Local advertising and newsprint prices key drivers; investment cycle key risk