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Dalmia Bharat on tough terrain as sectoral woes hurt
Mint Kolkata
|December 19, 2024
As the cement sector struggles with muted prices, some firms may feel more heat than others.
As the cement sector struggles with muted prices, some firms may feel more heat than others. A case in point is Dalmia Bharat Ltd. Its two core markets—east and south—are poised to see increased pricing pressure.
A spree of capacity additions in the east by various cement companies would increase supply. In the south, the fight for volume share is set to intensify after pan-India player Ambuja Cements Ltd acquired Penna Cement Industries, and UltraTech Cement Ltd bought a stake in The India Cements Ltd.
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