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Cement demand growth likely to moderate to around 5% in FY27: Ambuja CementsAmbuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previ...- Market wrap: Sensex closes flat, Nifty holds 23,400; Titan, Eternal lead gainsIndian stock markets finished the trading session with minor gains. The Sensex and Nifty saw fluctuations throughout the day before settlin...
- Cement makers expect 7-8% growth in FY27 despite West Asia headwindsIndian cement companies anticipate strong growth of 7-8 per cent in FY27. Government infrastructure projects and housing demand are key dri...
- Cement cos diverge on expansion plans amid West Asia uncertaintyIndian cement companies are taking different paths on spending. Some, like Ultratech Cement, Dalmia Bharat, and Nuvoco Vistas, are increasi...
- Sensex drops 114 points, Nifty below 23,650 as rupee hits fresh lifetime low; broader markets outperformIndian markets ended lower on Tuesday as Sensex and Nifty erased early gains amid rupee weakness, even as volatility cooled. IT stocks outp...
- Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capexAmbuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Ca...
- Market Wrap: Sensex drops 516 points, Nifty closes below 24,200 amid fresh Iran-US escalations, smallcaps outperformIndian stock markets experienced a second consecutive day of losses, with the Sensex and Nifty 50 falling over 0.6% each due to escalating ...
- Sensex drops 516 points, Nifty closes below 24,200 amid fresh Iran-US escalations, smallcaps outperformIndian stock markets extended losses for a second day, with the Sensex and Nifty 50 dropping over 0.6% each due to escalating Iran-US tensi...
- Sensex falls over 700 points, Nifty below 23,900 as US-Iran launch fresh attacks, rupee tumbles to record lowIndian stock markets tumbled on Tuesday, with Sensex and Nifty falling significantly due to fresh US-Iran war escalations and the rupee hit...
- Adani Cement eyes measured growth, defers ambitious FY28 targetsAdani Cement is prioritizing increased utilization of its current facilities. The company will focus on optimizing existing capacities. Cap...
- Sanjay H Parekh bets big on Reliance, private banks, and domestic plays amid global uncertaintySohum Asset Managers is shifting its focus to largecap stocks for safety. The fund is overweighting domestic businesses and underweighting ...
- UltraTech Cement shares in focus as Co to acquire Wonder WallCare for Rs 235 croreUltraTech Cement plans to acquire Wonder WallCare for up to Rs 235 crore to expand its value-added product portfolio. The move strengthens ...
- UltraTech to acquire wall putty maker Wonder WallCareUltraTech Cement is set to acquire Wonder WallCare for up to Rs 235 crore to expand its portfolio of value-added products. This move contin...
- Cement demand to cross 640 MTPA by FY30, says UltraTechCement demand is projected to exceed 640 million tonnes annually by FY30, with a compound annual growth rate of 7-8% from FY24 to FY30, acc...
- UltraTech Cement to buy 8.69% stake in Star Cement for Rs 851 croreUltraTech Cement has approved acquiring around 8.69% stake in Star Cement for up to Rs 851 crore. UltraTech's board agreed to purchase up t...
- Billionaire battle heats up as Adani challenges Birla for cement dominanceBillionaire tycoons Gautam Adani and Kumar Mangalam Birla are in a fierce competition within India's cement industry, focusing on acquiring...
- Orient Cement shares zoom over 5% amid UltraTech’s plans of acquisitionUltraTech, led by Kumar Mangalam Birla, is in advanced talks to acquire Orient Cement from CK Birla for Rs 350-375 per share to counter Ada...
- UltraTech's India Cements stake buy a win-win for both. Here's what analyst said on industry consolidationUltraTech Cement's Rs 1,885 crore stake purchase in India Cements is expected to be mutually beneficial for both companies and would consol...
- A war of titans builds up in India's cement sectorThe UltraTech-India Cements deal comes two weeks after Adani Group unit Ambuja Cement announced acquisition of Hyderabad-based Penna Cement...
- UltraTech to buy 23% stake in India Cements for Rs 1,885 croreUltraTech Cement approved acquiring a 23% stake in India Cements for Rs 1,885 crore at Rs 267 per share, describing it as a financial inves...
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