Cement
Ramco Cements targets Rs 1,200 cr capex in FY26, posts robust Asset
Monetisation of Rs 1,000 cr that is on line with what it had indicated earlier for capex for FY25. Also, the company has...
JK Cement Partners with Saifco Cements to Expand its Market Presence in Northern India
JK Cement Ltd, an India major cement producer, signed a joint venture with Saifco Cements Pvt. Ltd., the largest cement brand in the...
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...
