Star Cement

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Star Cement stock hit a record high of ₹308.10, gaining 4% on the BSE in Tuesday's intra-day trade, surpassing its previous high of ₹299.80 touched on August 13, 2025.

Star Cement shares rose 3.1 per cent on Monday, after the company's subsidiary Star Cement North East, was declared as the 'preferred bidder' for the mining lease of Parewar (SN-IV) Limestone Block

Revenue from operations increased 15 per cent Y-o-Y to ₹1,052.08 crore compared to the same quarter last year

The aforesaid block is situated in district of Dima Hasao (formerly North Cachar Hills), Assam over an area of 400 hectares with estimated limestone resource of 146.75 million tonnes

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Star Cement Ltd has proposed to set up a Rs 3,200-crore cement clinker and grinding plant in Assam. A Memorandum of Understanding (MoU) in this regard was signed between the state government and the company on the concluding day of the Advantage Assam business summit on Wednesday, Chief Minister Himanta Biswa Sarma said. Apart from this, an agreement was inked between the state government and Matheson Hydrogen Lvt Ltd, which is willing to set up a Rs 1,500-crore hydrogen and steam generation plant. The state government also signed a Rs 500-crore MoU with Global Health Ltd, while two non-financial agreements were signed with ITE Education Service. Sarma said he was grateful to the companies for their support, and noted that more agreements will be signed during the day. A total of 164 MoUs of investment proposals with companies in 15 sectors were signed on day one of the 'Advantage Assam 2.0 Investment and Infrastructure Summit 2025' on Tuesday.

Aditya Birla Group company to expand presence in East India with new acquisition

Star Cement-Ultratech Cement deal: Ultratech has approved to make an investment to acquire non-controlling minority stake for up to 37 million equity shares of Star Cement at a price Rs 235 per share

To fuel India's growth, Ambuja Cements has initiated capacity expansion projects of 20 MTPA, spanning every region of the country, over FY 2025-26

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

Elara Capital believes Star Cement is well placed to report healthy performance from hereon led by healthy volume growth due to ramp-up of recently added capacity and completion of ongoing project.

Star Cement's net profit dropped 10.3 per cent to Rs 87 crore from Rs 96 crore year-on-year (Y-o-Y), while revenue rose 9.2 per cent to Rs 913 crore compared to Rs 829 crore in the same period last ye

On the domestic front, investor attention is focused on forthcoming manufacturing data and the Q4 results of major players such as ITC, IndiGo, and Fortis Healthcare

Shares of Star Cement advanced 5.3 per cent to its fresh 52-week high on the BSE in Friday's intraday trade. Since February 12, various promoter entities have been acquiring stake via open market

Nomura estimates margins to expand on stronger volume growth, pricing discipline and relatively lower fuel cost

In a bid to capitalise on the anticipated growth in cement demand in East and Northeast India, Star Cement is fast-tracking its expansion plans in both greenfield and brownfield projects, so that the total capacity reaches 9.7 million tonnes per year by 2025-26, an official said on Friday. The largest player in the Northeast at present, Star Cement's current installed capacity is 5.5 million tonnes. "By the end of 2023, our capacity will be 7.7 million tonnes, and by 2025-26, it will reach 9.7 million tonnes," said Star Cement CEO Vineet Kumar Tiwari told PTI. He was speaking on the sidelines of the 6th Cementing India conference organised by the Indian Chamber of Commerce. The total investment for the expansion plan is around Rs 2,200 crore, of which Rs 1,000 crore has been invested so far, Tiwari said. Speaking about Guwahati brownfield expansion, he said it is rolling out a two million-tonne fresh annual grinding unit that will commence commercial production by December. The .

Enhanced capacity utilisation, backed by the government's thrust on infrastructure development in the NER and better pricing power would enable Star to register revenue and earnings by going forward

The long-term demand prospects remain positive given the government's thrust on the affordable housing and infrastructure segments, ICRA said

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