Weak cement prices steal Dalmia Bharat's thunder
Realisations are likely to remain a pain point for Dalmia Bharat, with peers Ambuja Cements, ACC and UltraTech Cement being better placed
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Realisations are likely to remain a pain point for Dalmia Bharat, with peers Ambuja Cements, ACC and UltraTech Cement being better placed
Though UltraTech's valuation is relatively high, future stock performance will depend on the rate of capacity expansion, volume growth, and input cost variations.
For many large cement manufacturers, it would be crucial to engage in strategic and timely M&A deals to meet their volume growth targets
Jaiprakash Associates owes a group of 32 lenders a total of Rs 29,272 crore. The company was among the 26 defaulters that the Reserve Bank of India (RBI) had directed to be taken to the bankruptcy process in 2017.
ICICI Bank issues invocation of Jaiprakash Associates shares