Dalmia Bharat, led by Puneet Dalmia, is investing ₹3,520 crore to increase its cement capacity to 55.5 million tonnes annually due to rising demand in India. Despite a price war affecting margins, Dalmia Bharat aims to strengthen its market position with expansions in Maharashtra and Karnataka, enhancing its nationwide presence in the competitive sector.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of