What does the UltraTech 12,886 Rs capex plan mean for cement stocks

What does the UltraTech 12,886 Rs capex plan mean for cement stocks – Mail Bonus

NEW DELHI: UltraTech Cement’s decision to invest 12,886 million rupees to increase its capacity for FY25 could only increase fears of declining margins in the sector, which is characterized by low demand, low prices, high fuel costs and the introduction of new aggressors. player Adani Group. Analysts, however, said that the announcement of the investment …

What does the UltraTech 12,886 Rs capex plan mean for cement stocks

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