Page 3 - Cement Sector

Cement demand recovery continues post second wave, says report

Cement prices are expected to rise during H2FY22, as cost inflation firms up unabatedly, said a report by HDFC Securities

Switzerland-based Holcim group losing share in Indian cement market

Swiss multinational is now a distant second in the country's cement market, behind Ultratech

Nuvoco Vistas IPO: Analysts' take, grey market trend & all you need to know

Nuvoco Vistas IPO: Despite healthy operational performance, higher depreciation and interest cost have led to an inconsistent performance at the PAT level for Nuvovo Vista

Orient Cement hits over 3-year high on strong operational performance in Q1

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

Prospects for cement industry in FY22 look bright, says Kumar Birla

The Indian cement sector is the second-largest cement industry in the world, according to CMA.

Ambuja Cement profit soars over 2-folds to Rs 1,161 cr in Apr-Jun

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

Cement shares on a roll; ACC, Ambuja, UltraTech, JK Lakshmi hit new highs

Cement shares traded higher between 3 per cent and 9 per cent on the BSE as compared to a 0.63 per cent decline in the S&P BSE Sensex.

ACC surges 7%, hits new high on strong operational performance in Q2

The company's Ebitda (earnings before interest, taxes, depreciation, and amortization) margins expanded 233 basis points (bps) quarter-on-quarter to 22.4 per cent due to higher realisations

UltraTech, ACC: These 6 cement stocks are signalling up to 16% upside

UltraTech Cement and Grasim Industries are only a few bucks short of their lifetime high of Rs 7,055 and Rs 1,547, respectively

JK Cement sees 10% revenue growth in FY22, aims to be 25-MT firm in 5 years

JK Cement Ltd, part of J.K. Organisation, targets up to 10% growth in its revenue this fiscal, helped by the government's push for infrastructure, pent-up demand said top company official.

Gadkari stresses on ways to reduce use of cement, steel in road construction

Gadkari said the government officials should positively support new ideas.

India Cements posts Rs 43.97 crore net profit in fourth quarter

This came on the back of strong sales.

Indian cement makers' price hikes to support margins: Fitch Ratings

The recent price increases by India's cement companies will counter the higher energy costs: Fitch

Cement stocks rally on strong demand hopes; Shree, JK Cement hit new highs

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

Ambuja Cements consolidated net rises 24% to Rs 732 cr in December quarter

'Margin expanded by 410 bps during the quarter and 480 basis points for the full year backed by strong performance in price, volume and costs,' says CEO

Cement stocks in demand; Dalmia Bharat, JK Cement, Ramco Cement at new high

The government's thrust on infrastructure spending and affordable housing bodes well for cement demand, Motilal Oswal Securities said in a note

JK Cement third quarter net profit soars 74.8% to Rs 217 crore

The firm reported the jump in profit for the third quarter ended December 2020

UltraTech Cement Q3 net profit more than doubles to Rs 1,584 crore

Increased sales on pick-up in demand helped strengthen bottomline

Damanis hike stake in India Cements in Q3 to 21%; stock jumps 6%

The Damani family have been steadily increasing their holding in India Cements

Strong volumes seen leading Q3 revenues for domestic cement players

Weak pricing, higher cost of production to hurt EBITDA/tonne of large players