UltraTech shares may rise on expansion plans discussed in investor meet

UltraTech shares may rise on expansion plans discussed in investor meet. Analysts reviewed the company's capacity expansion roadmap and cost optimization strategies during the investor call. Management reaffirmed plans to add 20 MTPA capacity by 2025, boosting investor confidence. Capital expenditure for FY24 is pegged at ₹10,000 crore, focused on greenfield projects and acquisitions.

📊 STOCKS: $ULTRACEMCO | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #Cement