UltraTech Cement’s Rs 1,885 crore stake purchase in India Cements is expected to be mutually beneficial for both companies and would consolidate its position in South India at a time when the Adani Group’s acquisitive spree is intensifying competition between the two players.
Strong sales, bright outlook ignite a rally in auto stocks
Auto shares have been under pressure in the October-December period as worries about falling demand for vehicle sales prompted investors to cut their bets on