So far this year, shares of cement companies such as Ultratech Cement Ltd, Shree Cement and Dalmia Bharat have declined by 13-22%
Cement stocks attracted the wrath of the stock market investors because of their inability to pass on the burden of elevated input costs adequately. The result was earnings downgrades and steep corrections in their stock prices.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.