India Cements cuts capex to Rs 250 crore

India Cements cuts capex to Rs 250 crore

Mumbai:India Cements has cut its capital expenditure plan of Rs 300 crore by Rs 50 crore, company officials said on a recent earnings call. “The company’s current gross debt stands at Rs 3,230 crore and the company doesn’t intend to spend on capacity expansion in fiscal 2014. However, it may look at expansion over the […]