The capacity utilisation for most of the large cement manufacturers is between 77 per cent and 85 per cent. As demand improves, companies are likely to either increase cement prices or retain the recent price jumps.
Hitting a 52-week high signals a stock’s peak performance over the past year, offering traders and investors crucial information for decision-making.
Berkshire Hathaway’s Vice Chairman Ajit Jain has sold more than half of his stake in the company, garnering $139 million, according to a media report.
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