BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Prabhudas Lilladher Report
Ultratech Cement Ltd. approved new capacity expansion of 12.8 million tonnes per annum.
It would incur total capital outlay of Rs 54.8 billion with attractive capex cost of $58/tonne, significantly below standard cost of $75-80/tonne.
This expansion is over and above the ongoing expansion of 6.7 million tonne. Nearly 52% of its new capacity would come in East region, which is already facing sharp surge in supplies.
Intense competition pushed margins to new lows of Rs 850-900/tonne in the region. However, lower margins were compensated by strong volume growth.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR