ultratech cement share price: UltraTech may leave competitors behind with capacity addition
Synopsis
The country’s largest cement manufacturer will increase the capacity by close to 40 million tonnes (MT) to 154 MT in two phases by the end of FY25.
ET Intelligence Group: Ultratech Cement’s decision to expand capacities over the next three years appears to be timely given a gradual demand recovery. In addition, the funding of the capital expenditure through internal accruals is expected to keep the balance sheet healthy.
The country’s largest cement manufacturer will increase the capacity by close to 40 million tonnes (MT) to 154 MT in two phases by the end of FY25. According to analyst
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