Cements

Cement demand climbs up, not unusual profitability for Indian cos: Moody's

The infrastructure led investments in India will drive up the demand for cement and other building materials, said Moody's Investors Service in a report.

GST Council will decide on cement tax rate after expert study, says CBIC

NEW DELHI (Reuters) - India's Goods and Services Tax Council will decide whether to cut tax rates on cement after an expert team submits its recommendation, chairperson of the CBIC said on Friday.

Cement shares in focus; Ambjua, JK Lakshmi Cement hit record highs

With ease in restrictions from July onwards, demand is expected to pick up

Ramco Cements Q2 profit up 40% to Rs 236 cr even as revenue drops

Price stability, better sales of flagship and premium products in trade segment improve margins

Birla Corp aims 20 MT to become fifth largest cement company in India

While the Mukutban project has been financed by a Rs 1,625 crore term loan stretching 12 years from a consortium of four banks led by the Bank of Baroda at less than 9 per cent interest

Realisations still under pressure for cement firms as demand remains muted

With growth having shrunk 0.5 per cent year-on-year during FY20 so far, as per latest estimates, price recovery seems distant

Expect cement prices, demand to recover in second half of FY20: Srinivasan

He expects increased spending on infrastructure projects by the Centre and acceleration in infrastructure projects and development schemes by the new government in Andhra Pradesh to spur the industry

India Cements Q4 profit up 49% at Rs 51 cr

Company plans to invest around Rs 350 cr over next three years