Union Budget: Cement stocks fall on 'modest' capital spending hike in budget
Reuters
Feb 1, 2025 2:10 PM IST
Among big firms, UltraTech Cement's shares dropped 2.7%, while those of rival Adani Group's cement firms Ambuja and ACC slumped 4.5% and 2.3% respectively.
A man cleans an Expert Testing Van of UltraTech Cement outside a cement store in Ahmedabad. (Amit Dave/Reuters)
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