Ultratech Cement Acc

Ultratech drops out of race to buy Jaiprakash Associates' cement assets

Lack of agreement over valuation spurs decision; deal would have provided relief to Indian lenders, which have an exposure of Rs 28,753 crore to Jaiprakash

Dalmia, Sagar Cements in race to buy debt-ridden Andhra Cements

Jaypee-owned firm undergoing bankruptcy process

Cement cos regain pricing power as demand improves from infra, construction

Cost pressures a concern, though, as crude, currency volatility remain

Adani to buy Jaypee cement units; JSW buys India Cements' MP unit

Adani aims to become India's top cement company by 2030; rival Ultratech stepping up capacity

UltraTech, JSW in race to acquire India Cements' project in Madhya Pradesh

India Cements had indicated in its FY22 annual report that it had acquired 184.53 hectares of limestone-bearing land at Pawai Tehsil in Panna District of Madhya Pradesh.

With Q2 history against them, cement stocks' valuations looks stretched

Most analysts have a 'sell' or 'reduce' recommendation on the sector

UltraTech profit falls 7% due to increased fuel and power costs hit

It still beat Q1 estimates despite decline on both YoY and sequential bases

UltraTech expansion plans suggest higher competition likely in cement biz

Other key players have also announced plans to significantly raise capacities

Stocks to Watch: Maruti, HDFC, SBI Cards, Tata Coffee, Wipro, Star Health

Stocks to Watch Today: Shares of Adani Wilmar, Jindal Stainless, Adani Enterprises, Hero MotoCorp, Tata Steel and Titan too shall be in focus ahead of the Q4 results.

ACC, Grasim, India Cements can gain up to 12% post breakout, hint charts

Going ahead, charts indicate likely revival in investor sentiment with further uptick in prices.

Input cost worries! ACC, Ambuja, UltraTech slip 3%; down heavily in a month

Apart from higher coal/petcoke prices, the recent increase in crude prices/ocean freight rates may further put pressure on operating costs for the cement industry.

Grasim Industries' net profit jumps 23% to Rs 2,655 cr in Dec quarter

The company had posted a net profit of Rs 2,157.12 crore during the October- December quarter of the previous financial year, Grasim Industries said in a regulatory filing

Chart Check: Ambuja, India Cements range-bound; UltraTech can gain up to 8%

Ambuja Cements, The Ramco Cements look weak on charts, while UltraTech Cement seems the best bet in the sector.

Cement shares trade firm; UltraTech, ACC, Ambuja Cements gain up to 2%

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.

Cement shares in demand; UltraTech, Ambuja, Ramco Cement hit new highs

Following around 10 per cent YoY growth in volumes in Q3FY21, Motilal Oswal Securities expects the sector's volumes to grow around 20 per cent YoY in Q4FY21

Cement shares extend rally on demand recovery hope; JK Cement hits new high

The cement industry demand is slowly improving due to pent up demand and improved rural demand

Demand recovery hope, price hikes brighten outlook of cement players

UltraTech, Shree Cement, JK Cement, and Ambuja Cements among analyst picks

Cement stks extend gains on strong performance by sector majors in June qtr

JK Lakshmi Cement, UltraTech Cement, HeidelbergCement India, Dalmia Bharat and JK Cement were up in the range of 2 per cent to 4 per cent on the BSE

Cement shares rally as ACC logs strong operational performance in June qtr

Individually, ACC rallied 6%, Ambuja Cements & JK Cement surged 5% each, while Ramco Cements, Shree Cement, India Cements, Heidelberg Cement India & UltraTech Cement were up in the range of 2% to 4%

Cement shares rally on gradual pick-up in demand; Birla Corp surges 11%

After the demand disruption caused by the nation-wide lockdown, there has been a recovery in demand in the rural areas, primarily driven by pre-monsoon work.