Nomura suggests that Ambuja Cements’ debut in the southern market won’t cause significant disruption just yet.
According to a report from analysts at brokerage firm Nomura, Ambuja Cements’ recent entry into the high-priced markets of Kerala and Tamil Nadu is not anticipated to cause disruption just yet. The report highlights that existing players, such as Ramco Cements, are in a strong position, and no immediate pricing pressures are expected. Nomura issued…