cement industry
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 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...
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...
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...
N Srinivasan Steps Down as UltraTech Acquires Majority Stake in India Cements
UltraTech Cement acquired a 32.72% stake in India Cements Ltd (ICL) to move one step further for the enlargement of its southern cement...
Cement Sector Gains Momentum with Expected Price Hikes, Volume Growth
Shares of cement companies, including UltraTech, JK Lakshmi Cement, JK Cement, Mangalam Cement, and Shree Cement, recorded robust gains in Monday’s trading session,...
NCB Signs MoUs to Propel Decarbonization and Technology Advancements in Cement Industry
The National Council for Cement and Building Materials (NCB), under the Ministry of Commerce & Industry, signed two significant Memorandums of Understanding (MoUs)...
