Page 2 - Cement Sector

Cement sector to profit from $2.2 trn infra investment by 2030: Karan Adani

The cement industry will be a "key enabler" and is expected to benefit significantly from the approximately USD 2.2 trillion in investments projected in the infrastructure sector by 2030, said ACC Chairman Karan Adani. ACC Cement, part of Adani Group's cement business, which crossed the 100 MTPA capacity milestone in April 2025, is contributing to India's growth by laying a strong, sustainable foundation for a brighter tomorrow, said Adani in the latest annual report of the company. "The infrastructure sector, vital to realising India's economic ambitions by 2030, is projected to require investments of approximately USD 2.2 trillion. As a key enabler of infrastructure growth, the cement industry stands to benefit significantly from these investments," he said while addressing the shareholders. The cement sector is set for significant expansion, and its strategic priorities are designed to leverage this potential effectively, he added. ACC is part of Ambuja Cement, which holds the .

Motilal Oswal sector of the week: Cement; check top stocks to buy and hold

Motilal Oswal sees upside in UltraTech Cement and JK Lakshmi Cement as they expect a strong profit and margin growth over FY25-FY27

Cement shares in focus; JK, Dalmia, Shree Cement hit 52-wk high; here's why

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.

Birla Corp shares see best day in 5 years as stock rallies 20%; here's why

Birla Corp.'s stock rose as much as 20 per cent during the day to an upper circuit of ₹1,268.8 per share, the biggest intraday gain since May 26, 2020

Adani Cement hits 100 MT capacity; Gautam Adani hails record pace

The business tycoon further said that Adani Cement is now one of the most efficient cement manufacturers on the planet

ACC sees worst day since November last year after Q4 results; here's why

ACC's stock fell as much as 6.5 per cent during the day to ₹1,931 per share, the worst intraday loss since November 21 this year

Cement shares rally up to 5%, UltraTech, JK hit record highs; here's why

With the monsoon still two months away, cement companies stand to benefit from this seasonally strong period.

Dalmia Bharat shares up 5% as Q4 profit surges 37%; earnings summary here

Dalmia Bharat reported a 37.18 per cent rise in consolidated net profit to ₹439 crore for the fourth quarter of 2024-25

Sustaining price hikes, demand uptick key for cement companies' stocks

Among companies, Shree Cement and JK Cement may register the highest operating profit gains

Higher mineral tax likely to pose a challenge to cement sector recovery

Limestone is a key raw material for cement. It amounts to about 65 per cent of the total raw material cost

JSW Group to invest in cement, renewable & thermal power sectors in Assam

Advantage Assam 2.0 Summit: Sajjan Jindal spoke on the strategic importance of the Northeast in India's economic trajectory, noting the region will play a crucial role in India's economic growth

Nuvama says 'Buy' ACC, Ambuja, JK Cement as sector sentiment improves

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

Shree Cement hits 52-week high; soars 15% in 3 weeks on good Q3 results

The management expects cement demand to grow on the back of likely increase in rural consumption aided by improved farm cash flows and sustained healthy demand for urban housing.

Shree Cement Q3FY25 results: Net profit falls 72.5% to Rs 193 crore

The company's consolidated net profit plunged 72.5 per cent to Rs 193 crore ($22.3 million) in the quarter ended Dec. 31

Most brokerages lift targets for UltraTech Cement as Q3 nos. top estimates

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

UltraTech Cement rallies 6% post Q3 results; Ramco, JK Lakshmi surge 5%

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.

Steel, cement sector in hands of few people, cartels a big problem: Gadkari

Union Minister for Road Transport Nitin Gadkari on Tuesday said the steel and cement industry "cartels" pose a big problem for the country and its infrastructure development. There are very few players in the two sectors, which are critical for infrastructure development, and these players act in cahoots. "Steel and cement industries are in the hands of a few people. They always decide the rates. Their cartelism is a big problem for the country," he said, speaking at the IECRP 2025 exhibition here. The Union minister said the fiber-reinforced plastic (FRP) can act as a good alternative to break the hold of the steel and cement companies and offered every help possible. "To create alternative material is my important interest to support you," he said. However, he urged the FRP players to bring down their prices such that the final costs are less by 20-25 per cent than the other entrenched alternatives. He said FRP players will have to invest in their research and development by ..

Adani announces Rs 65K cr investment in energy projects in Chhattisgarh

Industrialist Gautam Adani on Sunday called on Chhattisgarh Chief Minister Vishnu Deo Sai and announced an investment of Rs 65,000 crore in the Adani Group's energy and cement projects in the state, officials said. Adani met Sai at the latter's official residence in Chhattisgarh capital Raipur, a statement issued by the state's public relations department said. During the meeting, Adani announced a planned investment of Rs 60,000 crore to expand the group's power plants in Raipur, Korba and Raigarh in the state. This expansion will enhance Chhattisgarh's total power generation capacity by an additional 6,120 MW, the statement said. Additionally, the Adani Group chairman also committed Rs 5,000 crore for the development and expansion of the group's cement plants in the state, it said. On the advice of the CM, Adani also assured the state government of a Rs 10,000 crore impetus over the next four years to support initiatives in education, healthcare, skill development and tourism und

Star Cement shares zoom 8% as Ultratech to buy 8.6% stake for Rs 851 crore

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

Despite denying Ambuja's acquisition, Star Cement soars 26% so far in Dec

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