Cement
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...
India Cements Announces New CEO and CFO After UltraTech Takeover
The Global Trade Research Initiative (GTRI) has demanded that a complete review of the Indian steel industry be done to assess the impact...
Cement Manufacturers Eye Price Hike in January Amid Construction Activity Surge
Cement makers are contemplating a price hike of ₹7 to ₹10 per bag in January, driven by improving demand and a pick-up in...
