Page 7 of cement

ACC Ltd, ACCPL, acquisition, enterprise value, cement capacity, Cement Business, Adani Group, capex investments

ACC commences commercial production of clinker at its Ametha Cement Plant in Madhya Pradesh

This greenfield integrated project will help in lowest cost production of clinker and cement, which will enhance ACC’s overall portfolio…

September 14, 2023 10:52 IST

Orient Cement, stake sale, Gautam Adani, CK Birla, cement, cement capacity, initial offers, valuation demand

Fundamental analysis column: Consolidation continues in cement industry

Adani’s swift moves in acquiring Ambuja, ACC and now Sanghi Industries are driving consolidation in the cement sector.

August 21, 2023 06:00 IST

JK Cement, JK Cement q1 profit, JK Cement profit,

JK Cement Q1 profit down 29.4 per cent to Rs 113.46 cr

Its revenue from operations was up 21.57 per cent to Rs 2,762.62 crore during the quarter under review as against…

August 12, 2023 16:59 IST

cement industry, cement prices, price hike, infrastructure spending, government initiatives, operating profit, margin rebound, cash accrual, housing segment, seasonal weakness, revenue growth, fuel costs, CRISIL Ratings

Ramco Cements Q1FY24 margins impacted by higher fuel and weak cement prices

During Q1FY24, Ramco Cements clocked a sales volume of 4.30 million tonnes, compared to 3.34 million tonnes in Q1FY23 with…

August 7, 2023 16:43 IST

Cement sector: Capacity addition, consolidation the way forward

The acquisition of a 56.74% stake in Sanghi Industries (SIL) by Ambuja Cements (ACL), now part of the Adani Group,…

August 4, 2023 04:15 IST

Adani Group, APSEZ, Karan Adani, Ambuja Cements, acquisition, investments, expansion, captive port capacity, larger vessel, cement capacity, clinker, Adani Cement

Adani Group to invest in SIL to expand its Sanghipuram captive port capacity to handle larger vessel sizes, says Karan Adani

Sanghi Industries runs an integrated unit at Sanghipuram in Gujarat’s Kutch district, which has a clinker capacity of 6.6 million…

August 3, 2023 13:17 IST

Adani-owned ACC posts Q1 profit jump to Rs 466.10 crore on demand for high-quality cement products across markets

ACC Ltd posted revenue from operations at Rs 5201.11 crore, up 16.4 per cent as against Rs 4468.42 crore during…

July 27, 2023 17:19 IST

Dalmia Bharat, cement manufacturer, profit, revenue, Q1FY24 results, EBITDA, infrastructure, real estate, capacity expansion

Dalmia Cement Q1 profit dips 29.8% to Rs 144 crore; MD & CEO calls it a ‘disappointment’

Dalmia Cement posted revenue from operations at Rs 3,624 crore, up 9.8 per cent in comparison to Rs 3,302 crore…

July 21, 2023 10:10 IST

India’s Adani to continue using ACC, Ambuja brands; ‘no plans to merge’ cement units

India’s Adani Group became India’s second-largest cement producer in 2022, behind UltraTech Cement, with its $10.5 billion acquisition of both…

July 20, 2023 15:57 IST

Strategy: OMCs set to attain highest profitability

Domestic firms (excluding financials) expect 13% y-o-y revenue growth

July 11, 2023 05:45 IST

Asian Paints, trade license, AWCHL, Asian White Inc, white cement, manufacturing, trading, exporting, Certificate of Incorporation, partnership, joint venture

Asian Paints’ subsidiary AWCHL gets trade license for ‘Asian White Inc. FZE’ in UAE

Asian Paints stated that the Trade License and Certificate of Incorporation for Asian White Inc. FZE issued by the Government…

July 6, 2023 08:18 IST

cement industry, cement prices, price correction, discounts, demand, festive season, elections, pollution-related curbs, volatile pricing, Elara Securities, cement industry outlook

Cement industry production to grow 7-8 per cent; gives ‘stable’ outlook: ICRA

Besides, the softening of input costs would help the cement industry to improve its operating profits before interest, tax, depreciation…

Updated: July 3, 2023 16:26 IST

Cement prices slated to dip by 1-3% in FY24: Crisil

Now, heightening competitive intensity and softening input costs are set to reverse the trend, it said.

June 21, 2023 02:00 IST

Building materials: cement; Strong demand yields good results

Prices during monsoon season is a key factor for industry’s outlook

June 6, 2023 03:20 IST

India Cements, Q1FY24, quarter results, profit, revenue, EBITDA, raw material costs

India Cements’ loss widens to Rs 218 cr on higher cost, lower volumes

The company also had a write off of one-time impairment of certain investments and advances to the tune of `114…

May 25, 2023 01:00 IST

Rating: buy; UltraTech: Robust growth plans without balance sheet leverage

Expected to report 8% CAGR in consolidated volume in FY23-25

May 2, 2023 03:25 IST

Cement companies likely to invest Rs 1.2 lakh cr to add 145-155 MT capacity by FY27: Report

With 570 million tonne (mt) of installed capacity, India is the world’s second-largest cement producer after China.

March 17, 2023 19:03 IST

Adani, Adani Group, manufacturing plants, cement, data centre, Karan Adani, Gautam Adani, capacity, industrial port cities, power projects, investments, infrastructure

Adani to set up cement plants, data centre in Andhra Pradesh

Karan Adani, who is the CEO of the group’s port company Adani Ports and SEZ Ltd and the son of…

March 3, 2023 16:46 IST

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