“The company recorded a strong beat on margins led by costs. Volumes were slightly lower. The cement major recorded a strong performance on variable costs,” it said in a note.
India’s heavy reliance on Middle East crude and relatively low inventory buffers leave it vulnerable to prolonged supply disruptions amid escalating regional tensions. With Brent
Rising tensions between the US, Israel and Iran have unsettled markets, prompting mutual fund investors to reassess portfolio strategy. Experts advise staying invested, maintaining asset
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