scorecardresearchTop 100 firms’ FY22 capex spends rise to ₹4.65 lakh crore: Report

Top 100 firms’ FY22 capex spends rise to 4.65 lakh crore: Report

Updated: 21 Jun 2022, 11:06 AM IST
TL;DR.
The capex of Grasim Industries, Tata Power, and UltraTech Cement has more than doubled in FY22. While Vedanta spent 10,630 crore in FY22, its highest spent in the last seven years, Tata Steel spent 51% higher than its last year’s outlay.
The rise in Capex in the listed space was driven by the capital-intensive sectors of energy, utilities, consumer discretionary, telecom, and industrials.

The rise in Capex in the listed space was driven by the capital-intensive sectors of energy, utilities, consumer discretionary, telecom, and industrials.