Rajasthan, Karnataka, Madhya Pradesh, Tamil Nadu, Andhra Pradesh and Telangana are among the leading states in terms of installed capacity
Truck over-loaded with cement bags would now land even the manufacturer of the product into trouble in Chhattisgarh
If demand continues to keep up momentum, the cement industry in the South hopes for better growth in the near future
This is good news for South Indian cement firms, which have seen a spell of weak prices and rising expenses impact their earnings growth
Ambuja Cement, Shree Cement, Ramco Cement, ACC, JK Cement, JK Lakshmi Cement and Ultratech Cement were up 2% to 3%, as compared to 0.32% rise in the S&P BSE Sensex.
In the coming fiscal year, capacity addition of around 5-7 mt is expected in the eastern and western region
'Such a price hike will bring us at the level where we were last year in terms of operating margins'
Ambuja Cements, ACC, Dalmia Bharat, India Cements, Mangalam Cement and UltraTech Cement were up in the range of 1% to 4% as compared to unchanged in the S&P BSE Sensex at 11:22 am.
Other cement players in different geographies could come under the watchdog's probe as investigation widens
Prism Cement, Deccan Cements, Orient Cement, Panyam Cement and Gujarat Sidhee Cement were up in the range of 5% to 12% on Friday
The price increase, which comes after six months of decline, should only help pass on cost pressures
Penalty is for violating competition norms with regard to a 2012 tender floated by a Haryana agency
Q3 profit expected to fall and near-term outlook remains sluggish
UltraTech Cement, Ambuja Cements, ACC, Dalmia Bharat, Oberoi Realty, DLF, HDIL and NBCC were up 2%-5% on BSE
Dalmia Bharat tank 15% to Rs 1,186 on the BSE in intra-day trade on Monday
Emami braces up to challenge big shots in cement
The sector has been seeing 10-20% drop in sales owing to currency rationing in the wake of demonetisation
It proposes to issue 6,11,986 equity shares of Rs 10 each on a preferential basis to promoter and promoter group
Strong demand and improving utilisations to boost growth
Jaiprakash Associates, JK Cement, Ambuja Cement, ACC, UltraTech, Ramco Cements, India Cements, Shree Cement and Ambuja Cements were down 1%-3% on the BSE.