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ICRA REPORT ON CEMENT
Monsoon blues, weak demand dampen July outlook for cement pricesCement prices are expected to hold steady in July, with the monsoon and sluggish demand dampening prospects for significant hikes. While Ju...- Vedanta listings: 4 new Vedanta Group stocks debut on Dalal Street. What's ahead?Four Vedanta Group firms – Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel – debuted on BSE and NSE following...
- Cement companies' profitability to moderate in FY27 on rising fuel, logistics costs: ICRAIn FY27, Indian cement manufacturers are anticipated to experience a notable dip in profits, ranging from 10-15%. The escalating prices of ...
- 'Nobody will fly': India's plane versus train battle gets a twistIndia's Railway Minister said upcoming bullet trains will dominate short-haul routes like Mumbai-Pune and Bengaluru-Chennai, mirroring glob...
- Cement volumes to rise 6–7% in FY27 as capacity expands: ICRAIndia's cement sector anticipates robust growth in the coming years. Cement volumes are set to expand by 6-7 percent in FY27. This expansio...
- Growth in cement volumes expected to moderate to 4-5% in FY2025: ICRAIndia's cement industry is staring at slower growth in FY2025, with projections revised down to 4-5% due to a post-election slowdown in con...
- Cement sector sees marginal growth of 2-3 pc in Q1FY25: IcraThe cement sector experienced a modest 2-3 per cent growth in Q1 due to a slowdown in construction during the Lok Sabha polls, but FY2024-2...
- Cement industry in India consolidating, market shares of top companies growing: ICRALarge cement companies are expanding capacity through organic growth and acquisitions, driven by strong demand. Market share of the top fiv...
- Cement industry production to grow 7-8 pc; gives 'stable' outlook: ICRAThe domestic cement industry in India is expected to experience a volume growth of 7-8% in FY24 due to increased demand from the housing an...
- Cement demand expected to grow 7-8 pc in FY23: ReportThe cement production in the first 11 months of FY22 was at 323 million MT, which is higher by 22 per cent Y-o-Y. The demand, which was adv...
- Cement production up 44 pc in past 5 months, expected to be up 12 pc this fiscal: ReportThis will be supported by the pent-up demand, rural housing demand and the pick-up in infrastructure activity, said ICRA in its report on t...
- Cement demand expected to grow by up to 20 pc in FY22: ICRAThe volume growth is also likely to support operating margins in FY22 at around 20 to 21 per cent, notwithstanding some cost-side pressures...
- Cement production may grow at 6-7% in FY19: ReportHowever, rising costs are likely to put pressure on the operating profitability of cement firms in the coming quarters, Icra said in its re...
- Domestic cement sector is expected to post a 6% growth in FY2019Domestic cement production was higher by 6.3% at 298 million tonnes in FY2018, against 280 million tonnes in FY2017. Most of this growth wa...
- Cement demand growth likely to recover by 5% during FY18Cement prices have also recovered from February 2017 and reached pre-demonetisation levels in most markets by April 2017.
- Infra push to see cement demand improve to 5% in FY18: ICRAThe agency said that FY2016-17 would be a flat year for the sector as demonetisation had a negative impact on real estate and construction ...
- Rising costs to weigh on profitability of cement companies: ICRAStocks of cement companies rose on Thursday with Burnpur Cement rising 6.28%, Mangalam Cement 3.04% and Shree Cement 1.56%.
- Cement demand to grow 6 per cent in FY17, predicts Icra"This apart, there is a likelihood of recovery in rural demand from the second half of the current fiscal given the expectations of a bette...
- Challenging outlook may continue for cement sector: ICRADelays in environmental clearances for industrial and infrastructure projects and sand unavailability in some states contributed to the slo...
- Better monsoons to hit cement cos in Q2: IcraExcess rainfall in almost all parts of India may lead to more than average slump in demand for cement this year.
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