Declining costs, recent uptick in cement prices, improving utilisation levels and turnaround of acquisitions should drive future performance
Analysts say that the Nifty's close in the positive territory on Thursday might mean that the first leg of downside is over and a bounce back has resumed
The government's firm commitment to revive the economy and the thrust on infrastructure spending augurs well for the growth of cement demand
UltraTech Cement has recently surpassed the hurdle of multiple moving averages on the daily chart and is likely to witness fresh momentum
While capital expenditure by government should aid demand in March quarter, a meaningful demand revival is unlikely anytime soon
Emami Group has decided to monetise its cement assets to pare debt and aims to become debt-free at the group level by the end of the current fiscal year
The economic slowdown and uncertain environment have led investors to put their faith in quality and size.
Post consolidation of Century and Binani Cement assets, new acquisitions at stretched valuations may not bode well, say analysts
Amid the gloomy GDP print; however, what is noteworthy is that the government spending rose sharply to 15.6 per cent during the quarter, as against 8.8 per cent in 1QFY20.
With growth having shrunk 0.5 per cent year-on-year during FY20 so far, as per latest estimates, price recovery seems distant
Here are some companies that could gain from the boost to real estate sector
UltraTech Cement had a revenue of Rs 35,703.50 crore in 2018-19 financial year
The last part of the series on the Insolvency and Bankruptcy Code takes a look at how Ultratech's acquisition of Binani helped it become North India's biggest cement firm by capacity
Profitability, declining costs are positives, but demand revival key for any upside
From IMA planning to withdraw services to Kia Motors launching its 'Made In India' car, Business Standard brings you the top events that are likely to make headlines today
Vodafone Idea now has a m-cap of Rs 19,454 crore against Rs 39.942 crore at end of last month
UltraTech's stock was trading weak on Wednesday initially, though it comfortably closed in the green with gains of about 5 per cent, while ACC stock, in contrast, closed over 3 per cent lower
With improving per tonne profitability, Shree Cement scored over UltraTech
Cement maker reports 18% jump in December quarter sales
Besides pricing pressure, muted demand from the trade segment and recent acquisitions could hit margins