Cement
UltraTech’s Strategy for India Cements Turnaround in 12 Months
UltraTech Cement Ltd. is taking decisive steps to drive a turnaround for India Cements Ltd. (ICL) within the next 12 months. It recently...
UltraTech Cement Eyes Acquisition of HeidelbergCement India
According to reports, the flagship cement producer of India, UltraTech Cement, has approached HeidelbergCement India Ltd with an offer of its acquisition. According...
UltraTech Cement Beats Street Estimates Despite Margins Squeeze
UltraTech rose by 6.81% as investors welcomed the outcomes on Thursday, making it close ₹11,422.70 at BSE. A steep decline in margin was...
Kaushalya Logistics Partners with Adani Cement to Launch New Business Model
Kaushalya Logistics Limited, (NSE: KLL) took a significant step to diversify into the logistics sector catering to the cement industry by launching a...
India Cements Reports High Loss for Q3, declares Exceptional Loss
India Cements posted a vast increase in loss for the quarter ending December 2024 when its net loss tripled to Rs. 429 crore,...
Gadkari Calls Out Cement and Steel Cartels, Pushes for Cheaper Alternatives
Minister for Road Transport and Highways Nitin Gadkari raises a red flag over the growing stranglehold of cartels in India’s two critical industries...
Cement Industry Expected to Rebound in Q3 FY25 as Volumes and Prices Steady
Volumes and prices will stabilize, hence the cement sector is likely to recover in Q3 FY25, which comprises the October-December 2024 quarter. Following...
JSW Cement Set for Rs 4,000-Crore IPO Amid Sector M&A Activity
JSW Cement, the cement business from the JSW Group led by Sajjan Jindal, would raise Rs 4,000 crore and was likely to get...
JK Lakshmi Cement Urges GST Reduction and Policy Support to Boost Cement Demand
JK Lakshmi Cement has implored the maximum GST reduction on cement from 28% to merely 18%, together with policy initiatives to boost demand....
Cement Prices Rise in Southern India, Despite YoY Decline
In recent weeks, prices for cement in Southern India have witnessed an increase of ₹30-40 per 50 kg bag. The hike comes despite...
