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SUBDUED CEMENT MARKET
Monsoon blues, weak demand dampen July outlook for cement pricesCement prices are expected to hold steady in July, with the monsoon and sluggish demand dampening prospects for significant hikes. While Ju...- At Hong Kong auto show, China automakers target wealthy in right-hand-drive marketsChinese car companies are targeting wealthy buyers in right-hand-drive nations. They are introducing premium electric vehicles to new marke...
- Ahead of Market: 10 things that will decide stock market action on WednesdayIndian equities ended higher on Tuesday, supported by easing geopolitical tensions and softer crude prices. A sharp drop in India VIX boost...
- From Tata to tech giants, Indian companies tighten grip on UK economyIndian businesses are significantly expanding their UK presence, with company numbers soaring by nearly 60% and combined revenues exceeding...
- Adani Energy Solutions surges 63% in 3 months fueled by seasonality, outlook. But why brokerages are cautious?With the onset of summer, shares of Adani Energy Solutions have attracted strong investor interest, rallying over 63% in just three months....
- 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...
- Why smallcap funds are still a buy: A long-term strategy from Aditya KhemaniSmallcap valuations seem high but underlying fundamentals have improved. Aditya Khemani of Invesco Mutual Fund sees this as a structural sh...
- India growth resilient, markets near correction: HDFC SecuritiesIndia's economy is set for robust growth. Real GDP is projected at 6.5 percent for FY26-FY27. Nominal GDP will expand between 10 to 11 perc...
- Cement demand to be healthy in Q1FY27E; Likely to hit profitability despite price hikes: NuvamaIndian cement demand is set for a strong start in the first quarter of FY27. Government infrastructure spending is driving growth. However,...
- Birla Corporation posts Rs 90 crore Q2 net profitBirla Corporation Ltd, the flagship company of the M P Birla group, on Friday posted a net profit of Rs 90 crore during the second quarter ...
- UltraTech Cement expects subdued performance as economy slows down due to coronavirusAccording to UltraTech, growth in construction activity in the country has been slow over the last few years, impacting cement demand.
- Consolidation will help cement makers tackle excess supply: JK Cement chief“Today, there is at least 25% excess supply as compared to the demand. This overhang is not good and it is the reason why you don’t get the...
- Will India see an pick-up in investment cycle now?The cement sector is also operating at 55-60% capacity in the south and a little higher in other parts of India.
- ACC Q3 net down 40%, says economic revival slow than expectedThe company, which follows January to December as its fiscal year, had posted a net profit of Rs 192.60 crore during the same period last y...
- JK Lakshmi Cement posts Q1 net loss of Rs 23.48 croreJK Lakshmi Cement today reported standalone net loss of Rs 23.48 crore for the quarter ended June 30, hit by a subdued market and higher co...
- Orient Cement Q4 Net up over three-fold at Rs 85.47 croreThe firm, part of the USD 1.6 billion diversified C K Birla Group, had posted a net profit of Rs 26.34 crore in the year-ago period, it sai...
- Price hikes, volume growth pick-up to boost cement stocks: B P SinghThe cement players are now getting weaker financially and so they are now in a position where they want to get out of their capacities.
- Madras Cements may find going tough on glut, low capacity utilisationIt may not be able to sustain this growth over the next 18 months given the glut and low capacity utilisation levels in the South which is ...
- Earnings of cement cos to remain under pressureEarnings of cement companies may be under pressure over the next few quarters, as slowing demand coupled with increased supplies due to new...
- Cement cos shares gain on price hikeShares of cement manufacturers rose on Tuesday, before easing gains in a weak market, after they decided to hike prices across the country ...
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