Aditya Birla Group firm Grasim on Saturday reported a 40 per cent jump in net profit at Rs 724 crore for the March quarter as compared to Rs 516 crore in the
The government plans to revive state-run cement factories across the country, a move that could substantially bring down road and housing construction costs besides giving a push to the stressed infrastructure sector.
The domestic cement sector is likely to witness improvement in demand due to pickup in construction activities and expected favorable monsoon this fiscal, a report said. Having seen a moderate demand improvement in
The country’s top three cement producers—Ultratech Cement Ltd, ACC Ltd and Ambuja Cements Ltd—are expecting a revival in cement demand during the current financial year. The companies, who have finished reporting their
Debt-laden Jaiprakash Associates Ltd has withdrawn itself from some of its cement markets in north India as part of streamlining its operations even as lenders continue to prod the firm to shed
ACC to use the amount to complete expansion plans at Jamul in Chattisgarh and Sindri in Jharkhand Cement maker ACC Ltd will spend about Rs.600 crore in 2016-17 to complete its cement
Weak realisations will be mitigated by strong volume growth and lower costs helping companies sustain profitability Cement stocks have been buzzing with activity on the bourses of late. While large-cap stocks such
The domestic cement sector is likely to witness improvement in demand due to pickup in construction activities and expected favourable monsoon this fiscal, a report said. Having seen a moderate demand improvement
The world's largest soda ash manufacturer Nirma has signed an agreement to purchase cement business of Lafarge India for $1.4 billion (nearly Rs. 9,400 crore). LafargeHolcim announced that it has entered