Orient Cement

Orient Cement entered into a MoU on September 24, 2021 with Adani Power Maharashtra Ltd (APML)

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The BSE had sought clarification from Orient Cement on January 3, 2023, regarding reports stating that Adani Group was in talks to buy promoter stake In the company

However, its revenue from operation during October-December 2021 rose 2.13 per cent to Rs 617.52 crore, compared with Rs 604.61 crore in the year-ago period

The BSE Midcap index gained 1.8 per cent, while the Smallcap index rallied 2.2 per cent. All sectoral indices also ended with gains, Realty, Metal and Consumer Durables were the major gainers

In Q1FY22, Ebitda margins improved by 250 basis points to 27.25 per cent in June 2021 quarter, sequentially.

The company's stellar performance is backed by a 17.1 per cent YoY jump in sales volumes (1.85 MT) along with strong realisations (up 8.5 per cent YoY) in the company's key operating regions

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C K Birla group firm Orient Cement Ltd on Monday reported an over two-fold jump in net profit at Rs 99.87 crore in the fourth quarter ended March 2021. It had posted a net profit of Rs 44.06 crore in the January-March quarter a year ago, Orient Cement said in a BSE filing. Its revenue from operation rose 27.06 per cent to Rs 831.61 crore during the quarter under review as against Rs 654.52 crore in the corresponding period a year earlier. Total expenses were at Rs 680.83 crore in Q4/FY2020-21, up 14.96 per cent as against Rs 654.52 crore. For the fiscal year 2020-21, its net profit rose over two-folds to 214.18 crore. It was Rs 86.58 crore in the previous year. However, its revenue from operations for the fiscal was marginally down by 4.03 per cent at Rs 2,324.08 crore. It was Rs 2,421.79 crore in FY2019-20. The company said that in the wake of the Covid-19 pandemic outbreak and consequent lockdown imposed by the government last year, the manufacturing facilities of the company w

It had posted a net loss of Rs 5.67 crore in the October-December period a year ago, Orient Cement said in a BSE filing

The daily, as well as weekly momentum indicators in Nifty, have provided a buy crossover

The stock rallied 15% to Rs 140 on the BSE in intra-day trade on back of heavy volumes

Firm had reported a net loss of Rs 12.91 crore in the year-ago period

Bhilai Cement deal capacity at $98/ tonne; Orient Cement will also acquire Nigrie cement grinding unit of JP Power for Rs 500 cr