CPSE:FLSMachinery
FLSmidth (CPSE:FLS) Recasts Its Mining Model Following New Deals And A Value Debate
FLSmidth (CPSE:FLS) has put investors on alert with two fresh moves. A planned fourth business line and a new lifecycle agreement in India both reshape how the group serves mining clients.
Against that backdrop, FLSmidth’s share price has eased in the very short term, with a 1-day share price return of 2.79% and a 7-day return of 3.38%. However, the 30-day and year-to-date share price gains of 10.39% and 23.94% suggest momentum is still pointing higher. Over a longer horizon, total...