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Cement industry to add 150-160 million tonnes capacity by FY28: Report

Cement industry to add 150-160 million tonnes capacity by FY28: Report

Tue, Jan 23, 2024

Cement demand grew 8 per cent in fiscal 2022 and 12 per cent in FY23. As much as 70-75 MT capacity addition is expected to be commissioned in next fiscal, with 50-55 per cent concentrated in the eastern and central regions.

Ultratech Cement: Growing Home and Overseas Sales in Grey Cement

Ultratech Cement: Growing Home and Overseas Sales in Grey Cement

Tue, Jan 02, 2024

Ultratech Cement: Q3 Business Update, Quarterly and YoY growth in Conso and Domestic sales volumes, Both Domestic and Overseas sales volumes increased in Gray Cement, QoQ and YoY growth in White Cement also

Why are Cement and Real Estate Stocks in Focus? Know the details here

Why are Cement and Real Estate Stocks in Focus? Know the details here

Thu, Oct 12, 2023

Why are Cement and Real Estate Stocks in Focus? Why are cement and real estate stocks in focus? Which cement stocks are in focus?

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Cement companies set for 3rd straight year of growth, volume seen jumping 7-9% in FY24

Cement companies set for 3rd straight year of growth, volume seen jumping 7-9% in FY24

Thu, Feb 23, 2023

The Union budget has allocated Rs 10 lakh crore, which is a full 33 per cent more funds than it had allocated for the current fiscal, for building key infrastructure next fiscal.

FM Nirmala Sitharaman Indicated To Reduce GST On Cement

FM Nirmala Sitharaman Indicated To Reduce GST On Cement

Wed, Feb 08, 2023

Finance Minister Nirmala Sitharaman indicated to reduce GST on Cement. The committee will consider the demands of the industry. Know full details from Arman Nahar.

GST on cement: FM Nirmala Sitharaman makes big statement

GST on cement: FM Nirmala Sitharaman makes big statement

Wed, Feb 08, 2023

GST on cement: Speaking at an event of Confederation of Indian Industry (CII) on Tuesday, Sitharaman said that the matter will be examined and if required will be considered for referral to the GST fitment committee.

Sitharaman Says Demand For Lower GST On Cement To Be Considered

Sitharaman Says Demand For Lower GST On Cement To Be Considered

Wed, Feb 08, 2023

Finance Minister Nirmala Sitharaman indicated to reduce GST on cement. The demand of the industry is to reduce GST on cement. Finance Minister Nirmala Sitharaman said - The fitment committee will consider 28% GST on cement.

Cement sector Q2 margins plunge on higher power, fuel costs - firms pin hope on demand, rural recovery

Cement sector Q2 margins plunge on higher power, fuel costs - firms pin hope on demand, rural recovery

Tue, Nov 29, 2022

According to Zee Business research analyst Arman Nahar, “The strong increase in power and fuel cost by the cement companies has impacted the Q2 margins adversely."

Cement: Low Demand, Still The Price Will Remain Top, What's The Reason, Details Nupur

Cement: Low Demand, Still The Price Will Remain Top, What's The Reason, Details Nupur

Fri, Oct 07, 2022

Demand for cement decreased from Diwali. Banks long holiday affects demand. Demand also fell due to the movement of trucks. Know full details from Nupur.

Birla Corporation to expand cement production capacity to 30 MTPA by 2030

Birla Corporation to expand cement production capacity to 30 MTPA by 2030

Sun, Sep 04, 2022

There are also plans in place for setting up a new grinding facility in Gaya with a 1.2-MTPA capacity. It also has plans to expand the capacity of its Kundanganj unit to 3 MT from 2 MT.

ACC reports 24% on-year jump in net profit; sales up 5% at Rs 3,653 cr

ACC reports 24% on-year jump in net profit; sales up 5% at Rs 3,653 cr

Tue, Oct 19, 2021

“I am confident that our relentless focus on execution of cost efficiency and capacity expansion projects will enable us to deliver strong shareholder value,” Managing Director and Chief Executive Officer Sridhar Balakrishnan said

Ultratech Cement Q2FY22 Earnings Result Preview – Company to announce results on Monday- Here are 5 things to watch out for

Ultratech Cement Q2FY22 Earnings Result Preview – Company to announce results on Monday- Here are 5 things to watch out for

Sun, Oct 17, 2021

Ultratech Cement Limited is expected to report a 17.3 per cent Year-on-Year (YoY) jump in its revenues at Rs 121,47.6 cr for the July-September quarter, on the back of healthy demand and robust volume growth, according to estimates by Yes Securities

Brokerages see robust outlook for cement sector - ACC, Ultratech, India Cements are 3 stocks for big gains

Brokerages see robust outlook for cement sector - ACC, Ultratech, India Cements are 3 stocks for big gains

Sun, Oct 17, 2021

The outlook for cement sector remains strong with at least two reports expressing optimism on demand situation, pricing and production. An ICRA report estimates production to go up 12 per cent to 330 mln tn in FY22

In chat with Anil Singhvi, NCL Industries MD K Ravi says no Covid-19 impact on operations so far

In chat with Anil Singhvi, NCL Industries MD K Ravi says no Covid-19 impact on operations so far

Mon, Apr 26, 2021

Zee Business Managing Editor Anil Singhvi on Monday invited NCL Industries Limited MD K Ravi on his show and asked him about the impact of Covid 19 on his company and cement business.

ACC net profit up 74 pct YoY in Jan-March quarter at Rs 562 cr; Co maintains “cautious yet positive outlook”; See 7 takeaways from results

ACC net profit up 74 pct YoY in Jan-March quarter at Rs 562 cr; Co maintains “cautious yet positive outlook”; See 7 takeaways from results

Mon, Apr 19, 2021

ACC Limited reported todaya profit of over Rs 562 cr for the quarter ended 31 March, 2021 which is up from Rs 323 cr during the corresponding quarter in FY20. The profit jumped by almost 74 per cent year-on-year. The company announced its results through exchange filings. The total revenues from operation were at Rs 4291 cr during this period as against Rs 3557 cr in Q1FY20

Cement prices will increase by Rs 25-30 per bag in Eastern Sector: Sanjay Kumar Gupta, CEO, Star Cement

Cement prices will increase by Rs 25-30 per bag in Eastern Sector: Sanjay Kumar Gupta, CEO, Star Cement

Mon, Apr 05, 2021

Sanjay Kumar Gupta, Chief Executive Officer (CEO), Start Cement, talks about, price hike in the cement sector, expected price hikes, expansion plans, and CapEx among others during a candid chat with Zee Business Executive Editor Swati Khandelwal,

Star Cement has a target to have 10 million tonnes capacity in the next five years: Sanjay Kumar Gupta, CEO

Star Cement has a target to have 10 million tonnes capacity in the next five years: Sanjay Kumar Gupta, CEO

Wed, Dec 23, 2020

Sanjay Kumar Gupta, Chief Executive Officer (CEO), Start Cement, talks about, his outlook for the company in the New Year 2021, cement prices, demand recovery, expansion plans, CapEx and export opportunities among others during a candid chat with Zee Business Executive Editor Swati Khandelwal

Siliguri plant will be commissioned in the first week of December: Sanjay Kumar Gupta, Star Cement

Siliguri plant will be commissioned in the first week of December: Sanjay Kumar Gupta, Star Cement

Mon, Nov 23, 2020

Sanjay Kumar Gupta, Chief Executive Officer (CEO), Start Cement, talks about, cement prices, demand recovery, expansion plans, CapEx and price rise among others during a candid chat with Executive Editor Swati Khandelwal, Zee Business

Siliguri plant will start in the second week of October 2020: Sanjay Kumar Gupta, Star Cement

Siliguri plant will start in the second week of October 2020: Sanjay Kumar Gupta, Star Cement

Thu, Sep 10, 2020

Sanjay Kumar Gupta, Chief Executive Officer (CEO), Start Cement, talks about cement prices, demand recovery, Capacity utilization, export market and expectations from the government during a candid chat with Zee Business Executive Editor Swati Khandelwal,

Cement Industry may see 15-20% demand contraction in FY21: Mahendra Singhi, Dalmia Cement (Bharat) Ltd

Cement Industry may see 15-20% demand contraction in FY21: Mahendra Singhi, Dalmia Cement (Bharat) Ltd

Tue, Aug 11, 2020

Mahendra Singhi, MD & CEO, Dalmia Cement (Bharat) Ltd, talks about the Q1FY21 results and outlook for demand in future quarters during an interview with Zee Business Executive Editor Swati Khandelwal

Analyst Sanjiv Bhasin’s top picks for today: Buy Ultratech Cement, Sell Bajaj Finance

Analyst Sanjiv Bhasin’s top picks for today: Buy Ultratech Cement, Sell Bajaj Finance

Mon, Jul 27, 2020

Market expert Sanjiv Bhasin has advised the investors to book profits this week. The IIFL Securities Director while speaking to Zee Business Managing Editor Anil Singhvi also cautioned the investors forAugust month, which he said may not be as good as the months of June and July

Zee Exclusive: GST Council likely to slash tax on Auto and Cement

Zee Exclusive: GST Council likely to slash tax on Auto and Cement

Mon, Jun 10, 2019

GST Council is likely to slash tax on Auto and Cement. To know more watch the video

Cement price hike alert! Set to get costlier - Which stocks should you buy?

Cement price hike alert! Set to get costlier - Which stocks should you buy?

Mon, Feb 04, 2019

It is very important for investors to know which cement stocks they should buy or sell in the midst of price hike, as such does impact the earnings of a company.

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