UltraTech capex plans spook cement stocks - Economic Times
6/3/2022 12:00:00 AM2 years 11 months ago
by ET Bureau
by ET Bureau
Cement stocks fell between 3% and 10% on Friday amidst investor concerns that UltraTech Cement's capital expenditure plans on the heels of the Adani Group's acquisition of Holcim's cement assets signal increased competitive intensity, additional capacities, a…
Mumbai: Cement stocks fell between 3% and 10% on Friday amidst investor concerns that UltraTech Cement's capital expenditure plans on the heels of the Adani Group's acquisition of Holcim's cement ass… [+2331 chars]
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