
Cement capacity may rise to 154mt by FY25E under Phase-II
SGX Nifty hints at a positive start for Indian benchmark indices Nifty 50 and Sensex, Reliance Industries (RIL), ICICI Bank,…
UltraTech Cement commissioned 18 MW of Waste Heat Recovery System (WHRS) and 7 MW of solar power during the quarter.
Updating the capital expenditure, UltraTech said under its first phase of growth launched in December 2020, it has commissioned 5.5…
According to an investor presentation by Dalmia Bharat made on Monday, central India is an attractive market from the demand-supply…
The fall in demand is generally about 15-20% in Q2, but this time it was “much higher”, another sectoral expert…
Year-on-year, the company’s energy cost rose 58% and raw material prices rose 18%, while domestic sales volume grew 9.6%, despite…
Indian benchmark indices BSE Sensex and NSE Nifty are likely to open on a muted note, hinted SGX Nifty. Nifty…
“The additional capacity would be created across the country and achieved by setting-up integrated and grinding units as well as…
The sharp upside bounce of Wednesday opens a possibility of reversal on the upside after the higher bottom formation.
The cement maker is likely to sustain its industry-leading volume CAGR in the medium term, led by an increase of…
UltraTech Cement share price fell over 2 percent on Monday after the company reported a 6.8% decline in net profit…
The company had posted a net profit of Rs 1,700.03 crore in the April-June period a year ago, UltraTech Cement…
Ultratech Cement share price has plunged over 25 per cent so far this year, underperforming even benchmark NSE Nifty 50…
Shares of cement makers plunged on Friday after bellwether UltraTech approved capital expenditure of Rs 12,886 crore to increase production…
The commercial production from these new capacities would go on stream in a phased manner by FY25. UltraTech’s current expansion…
The Adani Group’s acquisition of Holcim’s India assets — Ambuja Cements and ACC — for $10.5 billion may further intensify…
The JSW Group, which is already present in the sector and the Adani Group which does not have a presence,…
Earnings to be volatile due to high fuel costs; Ebitda for FY23/24 down 18/5%; target price cut to Rs 8,500
The company saw energy costs rise 48%, with prices of pet-coke and coal doubling during the period.
Indian equity markets are likely to open gap-up amid strong global cues. Nifty futures were trading 78 points, or 0.45…
A number of private equity firms could also join the race, forming consortiums that include Adani Group or JSW Group,…
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