Dalmia Bharat concall:
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💡 Guidance:

🎯 Cement demand fell short in Q3 due to unseasonal rain, elections
🎯 Believe cement demand can grow at 6-7% YoY in Q4
🎯 Expect further increase in prices in Q4
🎯 Competitive pressure still there
🎯 Will further announce expansion to 75MT by FY28
🎯 Expect capex for FY25 of Rs3000cr for North East and Bihar
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