“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 IPO market has slowed amid volatility and weak sentiment, despite a robust pipeline of over Rs 3 lakh crore. Companies are adopting a cautious,
Nifty closed lower amid global uncertainty, though technical indicators signal resilience with a bullish counterattack pattern and higher low formation. Analysts see near-term upside intact.
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