Market Activity

Ambuja Cement could increase its EBITDA margin from 13.2% in FY23 to around 19.5% in FY24, with continued gains likely in FY25 and FY26 due to effective cost control and increased scale

Discussions with foreign regulators positive

Says lockdowns not an answer as business activity index declines

Analysis of more than 25 recent monthly hard/soft data prints suggest activity remains broadly muted, writes Gautam Chhaochharia