During FY26, the cement industry is expected to achieve 6.5-7.5 per cent demand growth fuelled by infrastructure projects, rural recovery and real estate momentum.
The growth in the company's overall consolidated sales volume during the quarter is amid its acquisitions of Kesoram Industries and India Cements
UltraTech Cement Q4 FY25 company result today: The board of directors of the company recommended a dividend of ₹77.50 per equity share of face value ₹10 each
Q4 FY25 company results today: Aditya Birla Sun Life AMC, Adani Total Gas, AWL, Castrol, and IIFL Securities will be among 49 firms to post earnings reports for the January-March quarter on April 28
With the monsoon still two months away, cement companies stand to benefit from this seasonally strong period.
The deal is expected to close in the next 90 days, subject to applicable regulatory approvals and compliance, the company said in a statement
All key cement demand drivers are in place and the sector should drive robust sector volume growth of 7-8 per cent CAGR over the medium term, UBS said
The additional tax on limestone will increase the overall raw material cost of Tamil Nadu based cement manufacturers as limestone is a key raw material for manufacturing cement
The risk-reward for the Indian markets, Morgan Stanley said, is turning favourable, and see the Sensex at 93,000 levels by December 2025 - up 25 per cent from the current levels as their base case.
Meanwhile, technical charts of the new entrant UltraTech Cement in the wires & cables business indicates a likely downside risk of up to 17% for the stock.
Shares of Polycab, KEI, Havells India and R R Kabel slumped up to 15% after UltraTech announced its foray into wires & cables segment with an investment of Rs 1,800 crore over the next 2 years
Over the past few years, Aditya Birla Group has also adopted a closer-to-the-end-consumer approach, with an expanded presence in jewellery, fashion retail, real estate, and paints
With industry focus shifting to volume growth in the closing quarter of the year, the likelihood of substantial price hikes in the near-term remains low due to the continued high competitive pressure
Aditya Birla Group's UltraTech Cement acquired 55.49% stake in India Cements and 8.69% stake in Star Cement for Rs 851 crore in 2024
Goldman Sachs reportedly has maintained a 'Buy' rating and increased its target price to Rs 12,580, up from Rs 12,460, citing volume recovery and lower costs contributing to margin improvement
India's largest cement maker beats analyst estimates despite a 17.3% Y-o-Y fall in net
Going forward, UltraTech expects to generate a sustainable volume growth of 7- 8% on likely government focus on infrastructure and housing projects, alongside increased rural and urban demand.
Ultratech Cement Q3FY25 results: Sequentially the cement firm saw a 79% increase in net profit
The uptick in the UltraTech Cement share price came in anticipation of Q3 results, which will be announced later in the day
Q3FY25 company results, January 23: Two Adani entities including Adani Energy Solutions and Adani Green Energy will release results for the Oct-Dec quarter today