Nuvoco Vistas

Nuvoco Vistas will invest Rs 200 crore to add 4 MMTPA grinding capacity in Eastern India by FY27 through a new mill and debottlenecking projects across multiple plants

Nuvoco Vistas Corp, the Nirma group's cement business, on Monday announced a Rs 200 crore investment to expand its grinding capacity by 4 MMTPA. The company, which is expanding its presence in Eastern India, will invest in a new cement grinding capacity through a new mill at the Arasmeta Cement Plant in Chhattisgarh, according to a statement from Nuvoco Vistas Corp. This will be complemented by a series of debottlenecking projects at Jojobera, Panagarh, and Odisha Cement Plants, it added. "Including a new mill, the company plans to add 4 MMTPA of grinding capacity through equipment upgrades, process improvements, and internal debottlenecking initiatives by the end of FY'27," it said. Following this, Nuvoco's cement capacity in the East will rise by over 20 per cent within the next one and a half years, increasing from 19 MMTPA (million tonnes per annum), it said. Commenting on the development, the company's Managing Director Jayakumar Krishnaswamy said: "With cement demand in Indi

Nuvoco Vistas stock jumps after the company reported its highest-ever first quarterly consolidated Earnings before interest, taxes, depreciation, and amortization (EBITDA) of ₹533 crore in Q1FY26.

Nuvoco Vistas posts multi-fold profit growth to Rs 133 cr in Q1 FY26 on low base, premium products and trade sales; eyes Western expansion after Vadraj deal

On account of the Revocation Act, the incentives of ₹427.14 crore and ₹300.44 crore to be received by the company and NU Vista Limited, respectively, are likely to be impacted, Nuvoco mentioned

The profit stood at ₹165.54 crore, driven by a 40 per cent share of premium products in the company's trade sales

Nomura analysts project a 6 per cent year-on-year (Y-o-Y) volume growth for the Indian cement industry in FY26F, compared to an estimated 3 per cent in FY25F

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The renewed investor interest in the cement shares came on the back of reports that cement dealers have initiated price hikes since the start of December

Nuvoco Vistas Corp, the building materials division of the Nirma Group, on Monday, reported a net profit of Rs 31 crore in the December quarter against a net loss of Rs 75.3 crore in the year-ago period. The turnaround came on a revenue of Rs 2,421 crore and a 55 per cent jump in operating profit to Rs 421 crore, the company said in a statement. The recovery was on the back of per tonne realisation of Rs 1,048 which is the highest in the past 10 quarters. After its recent acquisitions, the installed cement capacity has touched 25 million tonnes per annum, making it the fifth-largest cement maker in the country and a leading player in the eastern states. The consolidated sales stood at 4.02 mt in the reporting quarter, taking its realization to Rs 2,421 crore. The company has successfully commissioned a 1.2 mt cement mill in Haryana during the quarter, taking the overall capacity to 25 mt. Premium products continue to remain a key focus area and have contributed significantly, with

Nuvoco Vistas Corp Ltd on Friday reported a decline of 22.37 per cent in consolidated net profit at Rs 29.11 crore in the fourth quarter ended March.

On February 25, 2022, Niyogi Enterprise Private Limited, one of the promoters of Nuvoco Vistas, purchased 68,222 equity shares of the company via market purchase

Shares of state-owned construction & engineering company NBCC (India), meanwhile, soared 13 per cent to Rs 39 on the BSE

The company expects Q4FY22 to witness strong demand recovery amid potential clinker shortage resulting in opportunity to correct prices

Cement maker Nuvoco Vistas Corp on Thursday, as part of its expansion plans, announced investment of Rs 1,950 crore, which includes Rs 1,500 for setting up a new project in Gulbarga, Maharashtra.

547 IPOs the world over raised $106.3 bn in Q3 of CY2021, up 18% by deals than previous third-quarter record set in 2007 and 11% higher mop up than the last record setting third quarter in 2020

Mining major NMDC has slashed prices of lump ore and fines by Rs 1,000 per tonne

The stock was trading above its issue price of Rs 570 for the first time since listing

Out of the eight companies that debuted on bourses in August, five listed at a discount. Aptus Value Housing Finance, Chemplast Sanmar, Nuvoco Vistas, Windlas Biotech and CarTrade Tech made tepid debuts, disappointing investors who often lap up IPOs for a listing pop. According to some analysts, the listing "honeymoon" might just be over. So, what's behind the underperformance? Experts explain