cement industry
Small and Mid-Sized Cement Firms Struggle as Market Giants Tighten Grip
There is a widening disparity in India’s cement industry between market leaders and their smaller brethren. Though larger players such as UltraTech and Ambuja...
UltraTech Cement Expands its Presence in the South by Acquiring a New Plant in Karur
UltraTech Cement announces the expansion of grinding capacity at its Karur facility in Tamil Nadu further bolstering its reach across South India. The firm...
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...
