Page 2 - Cement Sector

JSW Cement to invest over Rs 3,200 crore in new plants in MP and UP

The combined cement capacity of these units will be 5 million tonnes per annum

Gautam Adani's elder son to oversee newly acquired cement companies

An announcement on Karan's appointment could come as soon as Friday, the people said. A representative for Adani Group declined to comment.

Despite low demand, Street waking up to cement sector's improving prospects

Investors may consider companies with industry-leading growth and profitability

India's core sector output growth slows to six-month low of 4.5% in July

The growth in these eight sectors witnessed double digits growth in May and June at 19.3% and 13.2%, respectively

Shree Cement 'very bullish', setting up new factories: MD Bangur

Adani Group's entry in sector creates competition but doesn't change sector's plans radically, he says

Driving the brand: Dhoni cements popularity further with CSK cement

CSK or Dhoni, if masons ask for cement by either 'brand', India Cements has clearly won the game

India's cement sector to add 80-100 mt capacity by FY25: K M Birla

Birla said the new round of expansion by UltraTech will take its capacity to 159.25 mtpa, reinforcing its position as the third-largest cement company in the world, outside of China

Ambuja Cement Q2CY22 results: A look at figures for the last four quarters

This will be the first result announcement by the company since it was acquired by the Adani group in May 2022

Market may be pricing in negatives for cement sector as demand stays flat

One key question is, has the market already discounted the negatives and is there too much pessimism about the sector?

Cement, steel, paint firms eye painful quarters ahead

Rising interest rates, along with elevated raw material cost, are hitting the building material sector hard. Find out about the near-term sore points for related industries and how to play the theme.

Cement sector's capacity utilisation to drop to 65%: Fitch Ratings

Fitch Ratings said it believes a sustained GDP growth, the government's thrust on infrastructure and affordable housing, and a revival in corporate capex, will underpin growth of the cement sector

Coal supply by CIL to captive power plants, cement sector drops in May

The fuel supply by Coal India Ltd (CIL) to captive power plants dropped 39.74 per cent in May 2022 over the year-ago period

UltraTech expansion plans suggest higher competition likely in cement biz

Other key players have also announced plans to significantly raise capacities

Cement stocks under pressure as UltraTech announces Rs 12,866 cr capex plan

Shares of cement companies like UltraTech Cement, Dalmia Bharat, JK Cement, The Ramco Cements and Shree Cement were down in the range of 2 per cent to 6 per cent.

Billionaires bet on Indian cement sector for big ticket investments

Premji Invest, Damani pick up minority stakes in smaller cement companies

Holcim considering potential sale of India's $9.6 bn Ambuja Cements

Holcim has been selling off non-core assets to reduce debt and diversify through acquisitions

Analysts say cement stocks now attractive; price hikes to ease margin woes

Analysts believe current input cost headwinds are transitory as likely price hikes by companies will help aid margin pressures.

Ambuja Cements, Nuvoco Vistas gain up to 6% on heavy volumes; here's why

Shares of state-owned construction & engineering company NBCC (India), meanwhile, soared 13 per cent to Rs 39 on the BSE

Demand recovery crucial to fill up cracks in cement sector

Dec qtr results were disappointing as costs escalated and volumes came under pressure

Budget 2022: Massive capex push buoys infra, cement, steel stocks

A strong capital expenditure announced in Union Budget FY23 coupled with renewed focus on the affordable housing segment have led to a sharp jump in share prices of companies associated with infra