Cement Sector
Shree Cement Reaffirms Annual Volume Target and Shifts Focus Firmly Toward Organic Growth
Shree Cement has reiterated its full-year volume target and confirmed that all expansion will remain organic, with leadership expressing confidence in pricing, demand...
India targets 300 million tonnes steel capacity by 2030; explores green steel collaboration with Sweden
India is targeting 300 million tonnes of crude steel capacity by 2030, with Sweden exploring green steel collaboration as domestic demand surges amid...
UltraTech Cement Approves Rs 10,255 Crore Expansion to Boost Production Capacity by 22.8 MTPA
UltraTech Cement has approved a Rs 10,255 crore investment to expand its production capacity by 22.8 MTPA, reaching 240.76 MTPA by FY28 through...
India Cements Returns to Profit; Approves ₹2,014 Crore Capex Plan Under UltraTech
India Cements, now part of UltraTech Cement, reported a net profit of ₹8.81 crore in Q2 FY26 and approved a ₹2,014 crore capex...
Cement Sector Set for Stronger Profit Margins in FY2026: ICRA
ICRA projects cement companies’ operating profit to rise by Rs 100–150/MT in FY2026, supported by strong demand, GST cuts, stable input costs, and...
Cement Sector Eyes Up to 80% Profit Surge in June Quarter on Price Gains
Still, in the cement sector, sources believe that cement firms will register higher net profits (30% to 80%) for the April-June quarter of...
Ambuja Cements Takes Over 37.8% Shareholding in Orient Cement, Becomes Promoter
Ambuja Cements, which is owned by the Adani Group, has finalized its takeout of a 37.8% shareholding in Orient Cement Ltd (OCL), becoming...
Cement Industry Sees 7.5% Growth This Year on Infra Drive and Rural Housing Demand
India’s cement demand is projected to grow 6.5-7.5% in FY26, driven by increased infrastructure spending, rural housing push, and higher budget allocations under...
Cement Prices Plunge in South India, But Rebound Expected in Q1
South Indian cement prices fell sharply at a glance in March and at a bigger pinch than other regions owing to year-end volume pressures...
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...
