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Shree Cements' Q3 Profit Down 44% On High Fuel Costs
Shree Cement Ltd posted a standalone profit of 2.77 billion Indian rupees ($33.5 million) for the quarter ended Dec. 31, compared with 4.92 billion rupees a year earlier.
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Ambuja Cements' Stock Hits Record High After Being Acquired By Adani Group
Shares of Ambuja Cements rose nearly 10 per cent to an all-time high on Monday after billionaire Gautam Adani took over as chairman of the company, following Adani Group's takeover.
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How Holcim Units, Other Cement Firms Fixed Prices: Report
Swiss giant Holcim's India units and more than a dozen other cement manufacturers colluded to raise prices and restrict supplies for years, which included regularly inspecting one another to ensure there was no breach of the agreements, according to a federal antitrust probe.
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Nirmala Sitharaman Urges States To Reduce VAT On Fuel After Excise Duty Cut
Finance Minister urged all state governments, especially those which had not reduced excise duty on November 4, 2021, to also implement a similar cut
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After $10.5 Billion Deal, Gautam Adani's Open Offer, Priced $6.5 Billion
A day after announcing $10.5 billion deal to acquire Holcim's India business, the Adani family has made an open offer to acquire a 26 per cent stake each in its two listed companies Ambuja Cements and ACC Ltd from public shareholders.
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Adani Forges $10.5 Billion Deal And Forays Into Cement Production: Highlights
Adani Group buys Holcim's stake in Ambuja cements and its subsidiary ACC in the most expensive ever, with a price tag of $10.5 billion (around Rs 81,361 crore). That marks the ports-to-energy conglomerate's entry into the cement sector and makes it the second-largest cement producer in the country.
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Rs 25-50 Per Bag Rise In Cement Prices Likely In April, Says CRISIL: Report
Cement prices in the domestic market may go up by Rs 25-50 per bag this month as manufacturers have started to pass on the rising costs due to the Russia-Ukraine conflict, CRISIL said in a report.
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JK Cement To Enter Paint Business; Shares Tank Over 11%
Cement manufacturer JK Cement has announced its foray into the paint business. The company's board had met on Saturday and cleared the proposal to enter the paint sector with an investment of Rs 600 crore infused over a period of five years.
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Higher Consumer Products' Prices Could Hit Spending
Manufacturers are raising prices to pass on to consumers some of the burden of costlier energy and raw materials, which threatens to dent demand
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Ambuja Cement Gains Over 1% On Starting Production At Rajasthan Plant
Ambuja Cement: The investment (in Marwar) will enhance the clinker capacity by 3 MTPA and improve its cement sales by 5 MTPA, the company added
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Delta Corp, JK Cement Among Six Other Shares Gain On Entering F&O Segment
NSE lays down the norms for derivatives contracts such as underlying index, market lots and maturity date of contracts. It also revises the F&O stock list and lot sizes on a regular basis.
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Shree Cement Shares Rise On Capacity Expansion Plan
Shree Cement's board approved setting up of cement plant in Rajasthan having clinker capacity of 3.8 million tonnes per annum.
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UltraTech Cement Profit Rises 114% To Rs 1,700 Crore In June Quarter
Ultra Tech Cement Q1 Results: The company's revenue from operations stood at Rs 11,830 crore, compared to Rs 7,671 crore in the same quarter last year, marking a growth of 54.2 per cent
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JK Lakshmi Cement Net Profit Jumps 61% In March Quarter, Stock Edged Higher
JK Lakshmi Cement Share Price: On Friday, JK Lakshmi Cement opened on the BSE at Rs 5472, swinging to an intra day high of Rs 513.90, and an intra day low of Rs 472
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UltraTech Cement Sheds Over 1% On Decline In March Quarter Net Profit
UltraTech Cement reported a net profit of Rs 1.775 crore in the March quarter, compared to Rs 3,236.85 crore in corresponding quarter last year, marking a decline of 45 per cent
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Shree Cements' Q3 Profit Down 44% On High Fuel Costs
Shree Cement Ltd posted a standalone profit of 2.77 billion Indian rupees ($33.5 million) for the quarter ended Dec. 31, compared with 4.92 billion rupees a year earlier.
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Ambuja Cements' Stock Hits Record High After Being Acquired By Adani Group
Shares of Ambuja Cements rose nearly 10 per cent to an all-time high on Monday after billionaire Gautam Adani took over as chairman of the company, following Adani Group's takeover.
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How Holcim Units, Other Cement Firms Fixed Prices: Report
Swiss giant Holcim's India units and more than a dozen other cement manufacturers colluded to raise prices and restrict supplies for years, which included regularly inspecting one another to ensure there was no breach of the agreements, according to a federal antitrust probe.
-
Nirmala Sitharaman Urges States To Reduce VAT On Fuel After Excise Duty Cut
Finance Minister urged all state governments, especially those which had not reduced excise duty on November 4, 2021, to also implement a similar cut
-
After $10.5 Billion Deal, Gautam Adani's Open Offer, Priced $6.5 Billion
A day after announcing $10.5 billion deal to acquire Holcim's India business, the Adani family has made an open offer to acquire a 26 per cent stake each in its two listed companies Ambuja Cements and ACC Ltd from public shareholders.
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Adani Forges $10.5 Billion Deal And Forays Into Cement Production: Highlights
Adani Group buys Holcim's stake in Ambuja cements and its subsidiary ACC in the most expensive ever, with a price tag of $10.5 billion (around Rs 81,361 crore). That marks the ports-to-energy conglomerate's entry into the cement sector and makes it the second-largest cement producer in the country.
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Rs 25-50 Per Bag Rise In Cement Prices Likely In April, Says CRISIL: Report
Cement prices in the domestic market may go up by Rs 25-50 per bag this month as manufacturers have started to pass on the rising costs due to the Russia-Ukraine conflict, CRISIL said in a report.
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JK Cement To Enter Paint Business; Shares Tank Over 11%
Cement manufacturer JK Cement has announced its foray into the paint business. The company's board had met on Saturday and cleared the proposal to enter the paint sector with an investment of Rs 600 crore infused over a period of five years.
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Higher Consumer Products' Prices Could Hit Spending
Manufacturers are raising prices to pass on to consumers some of the burden of costlier energy and raw materials, which threatens to dent demand
-
Ambuja Cement Gains Over 1% On Starting Production At Rajasthan Plant
Ambuja Cement: The investment (in Marwar) will enhance the clinker capacity by 3 MTPA and improve its cement sales by 5 MTPA, the company added
-
Delta Corp, JK Cement Among Six Other Shares Gain On Entering F&O Segment
NSE lays down the norms for derivatives contracts such as underlying index, market lots and maturity date of contracts. It also revises the F&O stock list and lot sizes on a regular basis.
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Shree Cement Shares Rise On Capacity Expansion Plan
Shree Cement's board approved setting up of cement plant in Rajasthan having clinker capacity of 3.8 million tonnes per annum.
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UltraTech Cement Profit Rises 114% To Rs 1,700 Crore In June Quarter
Ultra Tech Cement Q1 Results: The company's revenue from operations stood at Rs 11,830 crore, compared to Rs 7,671 crore in the same quarter last year, marking a growth of 54.2 per cent
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JK Lakshmi Cement Net Profit Jumps 61% In March Quarter, Stock Edged Higher
JK Lakshmi Cement Share Price: On Friday, JK Lakshmi Cement opened on the BSE at Rs 5472, swinging to an intra day high of Rs 513.90, and an intra day low of Rs 472
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UltraTech Cement Sheds Over 1% On Decline In March Quarter Net Profit
UltraTech Cement reported a net profit of Rs 1.775 crore in the March quarter, compared to Rs 3,236.85 crore in corresponding quarter last year, marking a decline of 45 per cent
