Cement stock soars 15% on 231% profit surge and capex plan

Cement stock soars 15% on 231% profit surge and capex plan — Shares jumped after the company reported a 231% YoY increase in net profit, significantly beating estimates. The strong performance was backed by robust volume growth and operating leverage. Management announced a major capex plan of ₹1,200 crore to expand production capacity over the next three years.
📊 STOCKS: | 🏢 SECTOR: Cement | #HIGHIMPACT #Earnings