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ULTRATECH CAPEX PLAN
Cement firms do well amid strain, but face capacity testCement companies saw strong volume growth in Q4 FY26, fueled by construction and government spending. Despite rising costs impacting margin...- 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...
- 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...
- Cement companies expect costs, muted demand to dent growthIndian cement companies are revising growth expectations downwards. Higher fuel, packaging, and logistics costs are impacting profitability...
- Rising packaging bag costs major headwind for UltraTech Cement: OfficialUltraTech Cement is navigating rising costs for plastic packaging and fuel. These expenses are a concern for the company's target of double...
- 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...
- India Cements shares soar 10% as Q4 net profit rockets 300%, revenue up 3%. Check detailsIndia Cements shares surged after Q4 net profit jumped 300% YoY to Rs 60 crore, driven by a sharp rise in EBITDA, even as revenue growth re...
- UltraTech Cement to expand capacity by 29 MTPA by FY27, targets 82-location footprint across IndiaUltraTech Cement is set to significantly expand its capacity by 29 MTPA across India over the next two years, targeting a total domestic ca...
- Buy UltraTech Cement, target price Rs 13,000: JM FinancialJM Financial recommends buying UltraTech Cement with a target price of Rs 13,000, expecting it to rise from its current Rs 10,430.5 within ...
- Birla pulls wire, shock pulses through stocks. What's ahead?UltraTech Cement is entering India's wires and cables sector with a Rs 1,800 cr investment. The move is aimed at strengthening its position...
- Wired for a shock: Polycab, KEI, Havells shares crash up to 20% on UltraTech entryPolycab share price: Shares of wires and cables manufacturers plunged as UltraTech Cement announced its foray into the industry. Polycab In...
- Capex cycle a multi-year theme? Keep an eye on these 13 stocksThe domestic brokerage listed 13 stocks to play the multi-year theme. Financials - ICICI Bank and Axis Bank, capital goods/infra - L&T, Sie...
- UltraTech capex plans spook cement stocksCement stocks fell between 3% and 10% on Friday amidst investor concerns that UltraTech Cement's capital expenditure plans on the heels of ...
- What UltraTech's Rs 12,886 cr capex plan means for cement stocksUltraTech Cement has announced plans to add 22.6 mpta of capacity which would be nearly 17 per cent of its capacity post completion of proj...
- UltraTech 'cements' its leadership position with a Rs 12,886-crore capacity expansion planUpon completion of this capacity expansion plan, UltraTech’s total capacity will go up to 159.25 MTPA, the company said in a statement. Thi...
- UltraTech announces Rs 965-cr capex for modernisation, doubling Birla White production capacityThe company's board at its meeting on Monday approved a capex of Rs 965 crore towards modernisation and the expansion of capacity at Birla ...
- UltraTech to invest Rs 6,500 crore to increase cement making capacities by 19.8 MT: Kumar Mangalam Birla“The fiscal stance clearly seems to be poised for an acceleration of government capex in the coming years, especially with the national inf...
- Indian economy rapidly normalising towards pre-pandemic levels: Kumar Mangalam BirlaVarious steps taken by the RBI and the government have helped in containing the economic disruptions of the pandemic, Birla said.
- India Inc loosens purse strings as economy looks upDuring the past quarter, 23 companies analysed by ET across the cement, steel, tyres, automotive and chemicals industries have announced cu...
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