Dalmia Bharat Ltd News
Dalmia Bharat to acquire debt-ridden JAL's cement assets for ₹2,850 crore
Dalmia Bharat on Friday said it will acquire the cement assets of debt-ridden Jaiprakash Associates, which has been acquired by billionaire Gautam Adani-led Adani Enterprises through insolvency proceedings. Dalmia Cement (Bharat) Ltd (DCBL), a wholly-owned subsidiary of Dalmia Bharat, has already executed a Business Transfer Agreement (BTA) with Jaiprakash Associates Ltd for the transaction, which is expected to complete within two weeks, a statement said. Following the takeover, Dalmia Bharat's cement capacity will increase to 54.7 million tonne per annum (MTPA). The BTA has been signed for acquisition of cement plants at Rewa (Madhya Pradesh), Churk, Chunar and Sadwa (Uttar Pradesh), with 5.2 MTPA cement capacity and 3.3 MTPA clinker capacity, at an enterprise value of Rs 2,850 crore, Dalmia Bharat said. Besides, the acquired assets also entail 99 MW of thermal power capacity with railway siding. Terming the deal "Strategic Fit", Dalmia Bharat said it will also help in market ..
 "Dalmia Bharat to acquire debt-ridden JAL's cement assets for ₹2,850 crore")
Cement shares: UltraTech, Shree Cement, JK Lakshmi, Nuvoco gain up to 5%
Despite the two-day rally, in the past one month, cement companies stocks have underperformed the market by falling up to 17%, as against 8% fall in the BSE Sensex.
 "Cement shares: UltraTech, Shree Cement, JK Lakshmi, Nuvoco gain up to 5%")
Q3FY26 Cement Preview: Axis Sec sees volume, revenue growth on weak pricing
Cement companies are expected to report robust topline and volume growth amid weak pricing power during the third-quarter of the financial year 2026
 "Q3FY26 Cement Preview: Axis Sec sees volume, revenue growth on weak pricing")