These 5 cement stocks gave up to 37% gains in Q1FY24 https://ift.tt/sEmW6oX per tonne reflects how effectively a cement company manages to turn its output into profits. The higher the EBITDA per tonne, the higher the profitability of the company and the higher the competitive advantages. These 5 cement stocks had the highest EBITDA/tonne in Q1 FY24: (Source: Stock edge)
Government's cash surplus tops Rs 3.4 lakh crore https://ift.tt/54P3HSG from the deceleration in government spending, higher direct tax collections and a likely sharp rise in issuances of Treasury Bills by the Centre in FY24 were factors pushing up the government's cash balances, analysts said. The flow of government cash balances to and from the banking system is a key factor that influences liquidity conditions.
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