Page 13 - Cement Industry

JSW Group to make $7 bn bid for Holcim's India cement business: Report

The move comes as Switzerland's Holcim tries to diversify away from its core business of cement and aggregates to focus more on building technology amid increased emphasis on sustainability

Cement industry may be on recovery path as margin pressures ease

Share price of major companies are up 10-18% in the last one month, but analysts target prices suggest more upsides ahead

Should investors buy cement stocks post recent market correction?

The commodity price rise has begun weighing on most sectors. One such industry is cement, which is facing the heat of high input costs. Given the uncertainty, how can investors play the theme?

TMS Ep135: Inflation, Covid-induced changes, cement stocks, gig economy

Will India Inc pass on the rising input cost to consumers? Are Covid-induced changes here to stay? Should investors buy cement stocks post recent correction? What is the gig economy? All answers here

Housing prices up 3-7% in top 8 cities in 2021; new launches up 75%: Report

Housing prices increased in the range of 3-7% last year across eight major cities due to rise in rates of construction raw materials like cement and steel, says property brokerage firm PropTiger.com.

Demand recovery crucial to fill up cracks in cement sector

Dec qtr results were disappointing as costs escalated and volumes came under pressure

India Cements Q3 net dips 76% to Rs 16 cr on rain, Covid disruption

The company's revenue from operations too saw a marginal dip of 2 per cent during the quarter to Rs 1,160 crore

Budget 2022: Cement sector may shine with infra announcements, say analysts

Schemes to develop rural infrastructure and boost incomes, coupled with an extension of real estate incentives, would be key triggers for the sector in the Budget

Domestic cement industry poised for demand recovery in construction season

Amid a strong demand outlook, brokerages see capacities and existing utilization levels of the domestic cement industry on a rise in coming years

SICMA urges FM Sitharaman for higher duty on cement and clinker imports

The cement industry contributes around Rs 30,000 crore to the government exchequer per year in the form of good and service tax

SICMA requests FM to facilitate movement of cement to deficit regions

South India Cement Manufacturers' Association has urged the Centre to facilitate movement of cement in the country by providing a telescopic railway freight service

Q3FY22 likely to be weak for cement cos, but prospects look good thereafter

Cement demand has not picked up after the festive season, and sales volumes in Nov 2021 are 18-20% lower than Oct 2021 levels, which is far lower than the historical average of 6%

Cement price likely to increase by Rs 15-20 per bag, says Crisil

The rise in price has been attributed to inputs commodity cost pressure such as coal and diesel supported by rising demand

Dalmia Cement to set up Rs 577 crore plant in Jharkhand's Bokaro

The work on the project will commence in November

Dalmia Bharat second quarter profit down 10% to Rs 209 crore

Shares of Dalmia Bharat on Wednesday settled at Rs 1,960.45 apiece on BSE, up 1 per cent from the previous close

ACC third quarter net profit increases 24% to about Rs 450 crore

Shares of ACC Ltd on Tuesday settled at Rs 2,245.50 on the BSE, down 2.55 per cent from the previous close.

Weak demand, high cost to keep cement firms' EBITDA muted in Q2: Centrum

Q2FY22 is generally a weak quarter for cement makers due to monsoon, but the quarter under preview has also been affected by rising coal and pet coke prices and a transporters' strike

Cement demand to remain strong in FY22 on rural, infra requirement: Icra

Capacity additions to keep utilisation levels under check in FY22, FY23

Larger cement companies better placed despite higher valuations

Investors appear to have paid heed to the negative aspects in the recent past

Dalmia Bharat chalks out a three-pronged strategy to arrest cost inflation

Dalmia Bharat hopes that a demand pick-up in the coming quarters would allow it to pass on some of the cost to the consumer