Ambuja Cements and India Cements charts indicate breakout of 'Inverse Head and Shoulder' pattern, thus a bullish trend ahead.
The stock of Bandhan Bank has been underperforming the banking index and is still struggling below the resistance zone of moving averages
The significant pick up in the infra activity backed by the NIP is likely to see healthy traction in terms of new project awards and execution medium term, which is expected to boost cement demand.
Stock market LIVE: Broader indices also trimmed gains at close; PSU banking shares were in demand, while private banking shares witnessed selling pressure
The trial runs at the new plant were on since August
In a recent report, analysts at Goldman Sachs suggested they see Brent crude oil prices at $90 per barrel by December 2021 on the back of a larger-than-expected demand-supply deficit
Ambuja Cements, part of Swiss building material major Holcim group on Monday said it will invest Rs 310 crore to expand the production capacity of its plant at Ropar, Punjab, over the next two years.
Three top players, UltraTech, Ambuja and ACC post a robust performance in June quarter
Ambuja Cement Ltd, part of Swiss building material major Holcim group, on Friday reported nearly two-fold jump in consolidated net profit to Rs 1,161.16 crore in the quarter ended on June 30
In the past one month, shares of Dalmia Bharat, JK Lakshmi Cement, Ramco Cement and Ambuja Cement have rallied between 11 per cent and 19 per cent
On a weekly basis, both the frontline indices snapped their 3-week losing streak and added around 2 per cent higher each
Net sales up 23% to Rs 7,715 crore as special product volumes grew lending support to the topline
Net sales up 23% to Rs 7,715 crore as special product volumes grew lending support to the topline
Net sales up 23% to Rs 7,715 crore as special product volumes grew lending support to the topline
Shakti Pumps (India) on Sunday said it is planning business expansion next year as the company eyes a bigger share in the Centre's PM-KUSUM scheme of solar water pumps
Ambuja Cements Ltd has said it is looking at significant debottlenecking opportunities across all plants with growth plans in mid-term to reach 50 million tonnes per annum capacity
Cement is among the few sectors witnessing strong demand and pricing power
Ambuja is evaluating brownfield expansions in Bhatapara and Maratha plants
The cement sector is set to report strong double-digit volume growth during the January-March quarter (Q4FY21) given the low base and sharp recovery in the cement demand
All-India average cement price, according to analysts' estimates, is likely to be up around 1 per cent quarter-on-quarter (QoQ) and nearly 5 per cent YoY in Q4-FY21E