During Monday’s trading session, the shares of one of the leading cement producers in India surged nearly 3.3 percent to hit a new 52-week high at Rs. 4,911.5 on BSE, after reporting financial results for Q3 FY25 as well as expansion in Jammu and Kashmir region. ...
Jefferies projects an 8-10% volume growth for Indian cement companies in H2FY25, driven by improving demand and revival in government capex. It highlighted Ultratech Cement as a top large-cap pick and JK Cement as a mid-cap favorite, with cement stocks rallying up to...
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