A case in point is Dalmia Bharat Ltd. Its two core markets—east and south—are poised to see increased pricing pressure.
A spree of capacity additions in the east by various cement companies would increase supply. In the south, the fight for volume share is set to intensify after pan-India player Ambuja Cements Ltd acquired Penna Cement Industries, and UltraTech Cement Ltd bought a stake in The India Cements Ltd.
This story is from the December 19, 2024 edition of Mint Hyderabad.
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This story is from the December 19, 2024 edition of Mint Hyderabad.
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