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EBITDA RECORD NUVOCO
Cement makers staring at ₹200/tonne cost shock as West Asia war sends petcoke and packaging costs soaringIndia's cement sector is grappling with soaring input costs. Rising prices of petcoke, coal, and packaging materials are squeezing profit m...
Nuvoco Vistas shares rally 9% as Q1 profit jumps multi-fold to Rs 133 croreNuvoco Vistas shares: The East India-based cement company reported a significant jump in consolidated net profit for the April–June quarter...
Nuvoco Vistas Q1 profit surges to Rs 133 crore on higher sales, flat costsNuvoco Vistas reported a sharp jump in Q1FY26 profit to ₹133 crore from ₹2.84 crore a year ago, driven by 9% revenue growth and stable expe...
Nomura downgrades 3 cement stocks as industry faces headwindsNomura has downgraded Shree Cement from ‘Buy’ to ‘Neutral,’ setting a target price of Rs 28,000. Additionally, the firm has downgraded ACC ...
Lower sales realisation hit margins of cement makers in Q2Major cement manufacturers saw a decline in margins in the September quarter due to lower prices and weak demand. While UltraTech, Ambuja, ...
JK Lakshmi Cement likely to retain momentum on expectations of a good Q3 performanceIn the September 2023 quarter, JK Lakshmi Cement's revenue grew by 12% year-on-year to Rs1,452 crore. Its sales volume grew by 10%, which w...