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.
SpiceJet shares rise 13%, extending second-day rally amid IndiGo operational disruptions
SpiceJet shares spiked intraday as operational disruptions at rival IndiGo boosted demand for its services. Despite the short-term rally, the stock remains fundamentally weak, with