Indian cement companies are taking different paths on spending. Some, like Ultratech Cement, Dalmia Bharat, and Nuvoco Vistas, are increasing investments for expansion. Others, including Ambuja Cement and Shree Cement, are slowing down their capital expenditure. This divergence reflects varied growth strategies in the Indian market. The focus remains on India’s long-term development drivers.
Asian stocks fall, oil gains as US strikes Iran
US forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a renewed selloff in
June 11, 2026