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A good season ahead for cement companies with price hikes
The Indian cement sector saw good growth in demand and profitability in the first half of the year.…
ACC falls 1.4% after acquiring Asian Concretes & Cements for ₹775 crore
Adani group controlled ACC acquired the remaining 55% stake in Asian Concretes and Cements (ACCPL) …
Smaller cement players likely to sell out as big boys out to buy market share
The cement industry is headed for a lot of action in the coming years because the big boys of the s…
UltraTech Cement’s Q4 net profit falls 32% to ₹1,666 crore, declares dividend
UltraTech Cement’s Q4 net profit fell 32% to ₹1,666 crore as compared to ₹2,461 crore in the same q…
Adani Group looks to raise $750 mn via syndicated loans from five European banks
The Adani Group is looking to raise $ 750-800 million through syndicated loans from five European b…
India's economic narrative brighter; takes charismatic lead in global economic evolution: K M Birla
"With a government-led push to infrastructure investments and pragmatic policies such as the pr…
PTI
Infra & housing projects to keep India’s cement demand strong: Moody’s
India's cement production will continue to grow, supported by infrastructure-led investments and ma…
Ambuja declared as preferred bidder for Uskalvagu limestone block in Odisha
Ambuja Cements Ltd, a part of Adani Cement on Thursday said it has been declared as the 'preferred …
PTI
Sensex, Nifty50 edge up in morning trade led by banking and metal stocks
Benchmark indices Sensex and Nifty50 are likely to open on a firm note on Thursday despite mixed cu…
UltraTech Cement’s profit tumbles 42% YoY to ₹756 crore due to higher power, raw material costs
India’s largest cement manufacturer UltraTech Cement today reported a 16% rise in second quarter re…
Adani to set up cement plants, data centre in Andhra Pradesh
Karan Adani, who is the CEO of the group's port company Adani Ports and SEZ Ltd and the son of grou…
PTI
Cement companies are girding for tougher times as rising fuel costs bite
The recent increases in cement prices are unlikely to translate into gains for the cement companies…
The Adani effect: Ambuja Cements rallies 40% in one month – analysts suggest good days ahead for the cement industry
Gautam Adani’s acquisition of Ambuja Cements and ACC from Holcim has sent the stocks of both the co…
Dalmia Bharat to acquire cement, power plants of Jaiprakash Associates for ₹5,666 crore enterprise value
Dalmia Bharat’s subsidiary Dalmia Cement on Monday said it plans to acquire the cement, clinker and…
Capital-intensive, cyclical and value stocks to continue their outperformance
Capital-intensive, cyclical and value stocks have outperformed since FY21, according to a report by…
Adani Group cement buyout is actually a bet on its infrastructure business
The Adani Group has many business interests but most of all they’re builders - with presence in sec…
Manufacturing sector's growth momentum to sustain for 6-9 months: FICCI
The FICCI Survey reveals that after experiencing a revival of the Indian economy in the FY 2021-22,…
ANI
Adani gets SEBI nod for a ₹10,100 cr open offer for Ambuja Cements, ACC
India's richest man Gautam Adani received SEBI nod to go ahead with a $3.8 billion open offer for A…
Our group's combined market cap exceeds $200 billion, says Gautam Adani
The success of the Adani Group is based on its alignment with the India growth story, and it is my …
JSW Cement to double production capacity to 25 MTPA by 2023
The company is planning to expand manufacturing capacity at its Odisha-based subsidiary Shiva Cemen…