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INDIA CEMENT INDUSTRY
Ambuja Cements to invest Rs 14,500 crore to add 30 million tonnes capacity by FY30Ambuja Cements will invest Rs 14,500 crore to increase its cement production capacity significantly by FY30. The company aims to boost its ...- Why did market rally today? Sensex soars 1,233 pts, Nifty ends above 23,400. 7 factors behind Rs 8 lakh crore gainsOn Monday, a remarkable surge in the Indian stock market was observed, with the Sensex soaring by 1,233 points. This uplift was driven by p...
- Ambuja Cements to invest $1.5 billion to raise capacity to 155 MTPA by FY30Ambuja Cements plans to invest ₹14,500 crore to enhance its cement production capacity by fiscal 2030. The current capacity of 113.5 MTPA i...
- Out of Europe? India's steel MSMEs battle data gaps, rising cost and EU's carbon wallSmaller Indian steel exporters say they are struggling to obtain emissions data from raw-material suppliers and bear the cost of carbon acc...
- Ambuja Cements’ profit slumps 90% on higher costs, high previous-year baseAmbuja Cements reported a 90% year-on-year profit decline to ₹236 crore in Q2 FY27 as rising fuel, logistics and operating costs squeezed m...
- These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analystsWhen a market is as jittery as it is right now, poor numbers are treated harshly. A new-age company in the business of buying and selling u...
- Deepak Fertilisers appoints Kanaiya Thakker as group general counsel and head of legalDeepak Fertilisers and Petrochemicals Corporation Limited has appointed Kanaiya Thakker as the group general counsel and head of legal. Tha...
- JSW Greentech gets JSW Cement order to supply 100 Ampstar trucksJSW Greentech has secured an order for 100 AMPSTAR 4x2 electric tractor trucks to transport materials. The trucks will operate within a 330...
- EU carbon tax: Piyush Goyal asks Europe not to 'invite disaster' or 'shoot themselves in the foot'Goyal said the EU had accumulated around 75-77 regulations, arguing that repeated additions were increasing the compliance burden on busine...
- Delhi to Haridwar in 1.5 hours next month? Nitin Gadkari says new road projects will boost tourism, jobsUnion Road Transport and Highways Minister Nitin Gadkari announced the opening of new road projects next month. Travel time from Delhi to H...
- When noise is high, separate short-term headwinds from long-term business. 5 large-cap stocks with upside potential of up to 23%For any decision you make in this market over the next three to six months, the first question should be about the business and the company...
- Union Minister Piyush Goyal interacts with Indian diaspora in Germany, lauds contribution to 'Karmabhoomi'Union Minister of Commerce and Industry Piyush Goyal held an insightful interaction with members of the Indian diaspora in Germany, lauding...
- Shree Cement profit falls 15% YoY to Rs 263 crore on higher fuel costsShree Cement’s September-quarter net profit fell over 15% year-on-year to Rs 263 crore for the third consecutive quarterly decline. Revenue...
- Berlin Global Dialogue: EU inviting disaster through carbon tax, says Piyush GoyalPiyush Goyal expressed concerns over the EU's carbon tax and numerous regulations impacting their steel industry. He warned that these meas...
- These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analystsThe last few weeks have made one thing clear. Oil prices, US bond yields, corporate earnings, and the state of the world – all point the sa...
- Core output grows at series high of 7.9% in SeptIndia's core sector output growth for September recorded a remarkable 7.9%, driven largely by expansion in coal and electricity. Notably, r...
- India’s infrastructure output jumps 7.9% in September on strong coal, steel growthThe latest numbers from the Indian government show that the country's infrastructure output has jumped by 7.9% compared to last year, as of...
- Cement stocks face a cost squeeze; UltraTech, JK Cement and JSW Cement top 3 Motilal Oswal picks; 5 more with upsidesMotilal Oswal expects weak Q2 cement earnings as fuel costs rise and prices stay soft. See its top picks, neutral calls and one Sell.
- UltraTech Cement Q2 net profit up 21% in September quarterA near 14% year-on-year growth in grey cement volumes to 35.94 mt in the domestic market, though, helped UltraTech clock in a near 19% year...
- UltraTech commissions Rs 2,650 crore cement plant in Andhra Pradesh in 14 monthsThe integrated cement plant, located in Petnikota village in Kolimigundla mandal in the Rayalaseema region, has a clinkerisation capacity o...
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