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VADRAJ CEMENT SALE
Nuvoco Vistas turns profitable as Ebitda jumps 50% in Q3Nuvoco Vistas Corp reported a consolidated net profit of Rs 49.37 crore in the December quarter, a significant turnaround from a year-earli...- Nuvoco Vistas to buy Vadraj Energy for Rs 200 crore to secure captive powerNuvoco Vistas Corp is acquiring Vadraj Energy (Gujarat) for Rs 200 crore from JSW Cement and Alpha Alternatives Holdings to secure captive ...
- Nuvoco Vistas to spend Rs 200 crore to expand capacity by 4 million tonneNuvoco Vistas Corp will invest Rs 200 crore to boost its production capacity in east India by 4 million tonnes by fiscal 2027. This expansi...
- 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...
- Cement makers forecast a concrete comeback in FY26India's cement industry anticipates a significant rebound in FY26, driven by increased government spending and rural housing demand, after ...
- Buy Nuvoco Vistas, target price Rs 420: HDFC SecuritiesHDFC Securities recommends buying Nuvoco Vistas Corporation with a target price of Rs 420. The company's current market price is Rs 354.5. ...
- Nirma Group company outbids Ambuja in insolvency sale of Vadraj CementNirma Group-backed Nuvoco Vistas has offered ₹1,800 crore to acquire Vadraj Cement, outbidding Adani Group during a court-monitored corpora...
- IOB puts 92 bad loans worth Rs 13,000 crore on the blockThe sale is the Chennai-based bank's attempt to explore other avenues for recovery when cases in the National Company Law Tribunal (NCLT) a...
- India cementing another advantage over China amid divergent fortunes of two Asian giantsIndia eyes cementing gains over China in another arena as economic woes persist in the world's second largest economy, currently rocked by ...
- Adani Unit, ArcelorMittal, JSW in race to buy Vadraj CementThe Bombay High Court had, in August 2018, ordered the winding up of Vadraj Cement after a trade creditor, Beumer Technology India, dragged...
- Lenders likely to put bad loans worth Rs 8,000 crore on the blockLoans mainly from power, manufacturing sectors, UBI may put up the largest chunk.
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