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Декабрь
2024

UltraTech leads cement stocks rally on price hike amid demand recovery

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Cement stocks rallied on Wednesday, led by UltraTech Cement's 2.7% surge after dealers implemented price hikes. Increased demand from real estate and infrastructure projects, coupled with improved labor availability, drove the price increases of Rs 10-30 per bag. Analysts anticipate further price hikes and a sustained recovery in the cement industry.



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