UltraTech Cement Share price soars 6% II Speeding on organic expansion, HDFC Sec says BUY - target price Rs 5670
UltraTech Cement’s capacity spread across north/central/east/west/south will improve to 20/22/19/22/16% respectively vs 22/22/13/24/19% in FY20. This will improve its capacity exposure in the high growth east markets. UltraTech Cement is adding many split GUs across eastern and central regions, which will reduce its sales lead distance and lower opex. Additionally, UltraTech Cement is also adding 57MW of WHRS across these clinker expansions, in addition to various other ongoing WHRS/solar power expansions.
UltraTech Cement is adding many split GUs across eastern and central regions, which will reduce its sales lead distance and lower opex: Reuters