Page 13 of cement

Gautam Adani faces off against Kumar Mangalam Birla over cement in India

The port brought in coal, liquefied gas and palm oil — and so Adani got into them and adjacent businesses.…

June 7, 2022 14:13 IST

bse sensex, nse nifty 50, lic, cement stocks

LIC, Shree Cement among 63 stocks to hit 52-week low on BSE, 58 scrips touch fresh highs

Benchmark indices held minor cuts in Monday’s session, tracking weakness in global markets as investors feared steeper rate hikes by…

June 6, 2022 12:41 IST

I have a job to do and have to do something, says N Srinivasan as India Cements mulls price hike

Srinivasan said the company has formed a ‘internal committee’ comprising senior people who would look at the selling of the…

May 27, 2022 16:54 IST

Cement shortage to be bridged by supplies from south

The southern cement industry isn’t seeking any fiscal incentive but asking for steps to keep logistics costs at reasonable levels.

May 27, 2022 06:15 IST

Six key details of Adani’s acquisition of Ambuja, ACC from Holcim: A fact sheet on India’s largest cement deal

On one hand the deal, which is the largest acquisition for the conglomerate, will make Adani Group the second largest…

Updated: May 16, 2022 12:27 IST

"We have identified land in Virudhunagar district. It is a greenfield project. The capacity will be two million tonne per annum. For the second unit, we are looking at south of Chennai…," he told PTI. (Representative image)

Dalmia Cement draws up plan to invest Rs 2,600 crore in Tamil Nadu

The company would set up two greenfield grinding units with a capacity of producing two million tonne per annum each,…

May 12, 2022 18:18 IST

Dalmia Bharat Q4 profit down 6% to Rs 600 crore

Sales volume was also up 3.12 per cent in January-March 2021-22 to 6.6 million tonne as against 6.4 million tonne…

May 10, 2022 14:56 IST

Analysts at Nomura Global Markets Research estimate that every $10/tonne increase in coal costs increases per unit operating expense of cement companies by Rs 50/tonne, which would require Rs 3/bag price hike to maintain margin.

Data Drive: Cement prices on the rise

The surge in power and fuel costs has also raised the cost of road freight, accounting for 50% of cement…

April 22, 2022 04:10 IST

Stocks to buy: Charts favour Tata Power, Ramco Cements shares for as much as 37% upside in 3-6 months

Dalal Street has been in a downtrend so far this month as geopolitical worries along with rising inflation concerns weigh…

April 20, 2022 14:47 IST

In April, cement companies hiked prices by Rs 20-50 per bag across regions to mitigate cost increases. (File)

Cement prices set to increase further on higher raw material costs

Cement prices recorded a Rs 15-17 per bag increase from January to February at an all-India level, peaking at Rs…

April 12, 2022 02:15 IST

High input costs on account of inflationary pressure are resulting in a decline in operating margins by 440-480 basis points. (File)

Cement industry to record 18-20% volume growth in FY22, says report

All-India cement production grew 25 per cent at 290 million metric tonnes in the first 10 months of FY2022 compared…

March 23, 2022 15:23 IST

JK Cement share price crashes 27% in over 3-months; Axis Securities says buy, stock may rally 35%

JK Lakshmi Cement stock has tanked nearly 9 per cent in the last one month, and 26.22 per cent so…

March 16, 2022 12:07 IST

In FY14, JKCE had invested ~Rs 8 bn in white cement business outside India in Fujairah, UAE, and that business is still incurring loss at net level with the firm making cumulative impairment provision of ~Rs 3.2 bn for FY20-FY21.

JK Cement Rating ‘Buy’; Paints entry positive in medium term

It may provide stability to overall income; ‘Buy’ retained with unchanged TP of Rs 3,935

March 12, 2022 04:45 IST

Cement firms unable to hike prices despite surge in input costs

The fourth quarter is generally a good quarter for the sector and with the monsoons setting in April-June, the lull…

March 9, 2022 05:50 IST

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