Browsing Tag

Ultratech capex

Cement shares sink: Shree Cement, JK Cement, Ultratech hit 52-week lows

Dustin Moskovitz Jun 6, 2022 0

Shares of cement companies extended their losses…

What UltraTech’s Rs 12,886 cr capex plan means for cement stocks

Dustin Moskovitz Jun 3, 2022 0

NEW DELHI: UltraTech Cement's decision to invest Rs 12,886 crore to ramp up its capacity by FY25 may only add to fears of margin erosion in the sector that is marred by weak demand, low…