After acquiring Penna Cement Industries, Ambuja Cements stock fell by 1% to close at ₹657. The acquisition strengthens Ambuja's presence in...

"The transaction will provide UltraTech with the opportunity to extend its footprint in the highly fragmented, competitive and fast-growing...

With the steep increase, the all-India average cement price has reached Rs382 per 50 kg bag. The sharpest rise was in the eastern region wh...

The March quarter is also traditionally the strongest for cement companies in India because of demand from the construction and infrastruct...

“A significant 33% increase in capital expenditure to Rs 10 lakh crore – 3.3 % of the GDP, thrust to fast-track infrastructure development,...

Analysts said the higher price would help the industry maintain its margins but a lot of sentiment in the sector will depend on how much of...

A sudden rollback of price increases in November due to low demand and the competition watchdog's likely scrutiny continue to weigh on ceme...

Roads and railways may continue to garner a larger share of the total investment pie.

Hong Kong-headquartered CLP has also held discussions with Reliance, said a company official on condition of anonymity, but Greenko is beli...

Mangesh Bhadang, Cement Research Analyst, Institutional Equities, Quant Broking Pvt. Ltd, gives his views on UltraTech Cement.

"UltraTech numbers were way below estimates. The results has emphasised the ground realities which the stock seems to have forgotten."

"Correction in ACC will be smaller than that in Ambuja."

"In Ambuja we are looking for a flat top line of around Rs 2500 crore and expect the PAT to be 26-27% down to around Rs 340 crore. "

Ambuja Cements slipped over 2 per cent in the afternoon trade on Thursday, ahead of its earnings for the quarter ended December 31 due late...

Valuations are definitely high and that is why even ACC and Ambuja, we think, are ‘sell’ from current levels. One should prune one’s positi...