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Dec '16 Nifty target @9200; rally in metals justified: Macquarie

Talking about the consolidation in the cement sector, Rakesh Arora of Macquarie Capital Securities says UltraTech's capacity post merger with units of Jaiprakash would be almost 90 MT, which is one-third of India's total capacity and production. Hence, he does not see this deal getting Competition Commission's go-ahead

first published: Mar 22, 2016 10:09 am

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