BusinessPhoto: NDTV BusinessUltraTech Cement Plans More Price Hikes Amid Rising Fuel Costs
UltraTech Cement Ltd. plans further cement price increases in coming months to offset rising fuel costs. Average trade prices rose 7–10% month-on-month in late September, with October spot prices about 5% higher than the September quarter average. CFO Atul Daga said these hikes will boost earnings in the December quarter, despite uncertain input cost outlooks. Prices remain high and may rise further soon.
NDTV Business·



