Sagar Cements Update by Epic Research

Sagar Cements is reportedly in talks to buy Bangalore-headquartered BMM Cements as it looks to invest the money it made by cashing out of a joint venture with France’s Vicat. The development will underscore consolidation in the 130-million-tonne South Indian cement market, which accounts for more than a third of India’s capacity of 360 MT.



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Posted in: Indian Market Tips