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RMC BUSINESS EXPANSION
Shree Cement Q4 results: Cons PAT falls 8% YoY to Rs 526 cr despite 10% revenue uptick. Rs 70/share dividend declaredCement maker Shree Cement reported an 8% YoY drop in Q4 consolidated PAT to Rs 526 crore, even as revenue rose 10% to Rs 6,101 crore. The b...
Cement stocks: Will they be sustainably re-rated this time? 16 stocks catering to different regions with wide-ranging upside potentialWhen a sector undergoes restructuring and consolidation, the chances are that a set of winners will emerge. Cement is a sector which has pr...
Cement majors post double-digit volume growth in Q3, expect price recovery aheadLeading cement makers reported strong double-digit year-on-year growth in sales volumes during the December 2025 quarter, even as their rea...
ACC Q3 Results: Cons profit plunges 63% YoY to Rs 404 crore, but revenue rises 22%ACC Q3 Results: ACC's net profit saw a significant drop of 63 percent year-on-year for the December quarter. The company posted a profit of...
Shree Cement's premiumisation drive not tied to targets, 80 MT capacity by FY'29 on track: ChairmanShree Cement is prioritizing premium products over volume. The company plans a significant capacity expansion to reach 80 million tonnes pe...
JSW aims to be among the top 5 cement firms in India, says MD Parth Jindal"We are slightly skewed towards institutional customers and that's where the synergy with the JSW Group really comes into play. This is bec...
EV space has got to evolve; one or two odd failures are part of a learning process: Ramesh Gehaney, Endurance Technologies“In FY19 we saw 24.42 million vehicles being sold by the two-wheeler industry. Last year, we did around 17.9 million which indicates that t...
SBI invests Rs 100 crore in JSW Cement to acquire a minority stake“We have increased our capacity from 6MTPA to 14MTPA and are now working towards achieving the 25MTPA milestone over the next 24 months…I w...
JSW Cement inks deals to raise up to Rs 1,500 crore from Apollo Global, Synergy MetalsThe investments will help JSW Cement ramp up its cement production capacity to 25 million tonnes per annum (mtpa) from 14 mtpa in the next ...
Apollo Global, Synergy Fund may invest Rs 1,500 crore in JSW CementThe company will issue compulsorily convertible preference shares (CCPS) to the investors, who will put in ₹750 crore each at a post-money ...
Anand Rathi maintains buy on Sanghi Industries, target Rs 80Buy Sanghi Industries Ltd. at a price target of Rs 80.0 .
Top midcap investment ideas ahead of Union BudgetExcise duties may be rationalised and customs duty may be imposed on several items to further the ‘Make in India’ theme, said a Kotak Secur...
- Our expansion plans are fully funded: Anil Jain, Time Technoplast
ET Now caught up with Anil Jain, MD, Time Technoplast Ltd, on the company’s M&As and its roadmap ahead.
- Fortis enters pacts with hospitals in Dubai, Tanzania
Fortis Healthcare today said it has entered into a pact with two hospitals in Dubai and Tanzania to set up specialised medical facilities t...
- Prism Cement: Margins still a concern
Prism Cement recently received approval from the relevant authorities for the merger of two of its unlisted group companies, H&R Johnson (I...
- 'Stimulus rollback unlikely to impact cement demand'
Excise duty roll back may see rise in prices of some products and services, says cement major ACC.
- JK Lakshmi Cement to set up five RMC plant; invest Rs 1,000 cr
Aiming to augment its capacities, cement manufacturer JK Lakshmi is embarking on an expansion plan to set up five ready-mix concrete (RMC) ...
- JK Lakshmi sees future in ready-mix concrete
JK Lakshmi Cement, part of JK Group, is adding five more ready-mix concrete (RMC) units as part of its expansion plans.
- PINC picks: Deepak Fertilisers, Nava Bharat Ventures, JK Lakshmi Cement
Research has revised their recommendations upward to ‘buy’ on Deepak Fertilisers and Petrochemicals Corporation with a one year target pric...
- JK Lakshmi plans to invest about Rs 1,000 cr for expansion
JK Lakshmi Cement Ltd plans to invest about Rs 1,000 crore in the next 4 years for expansion.