Delhi-based Aggarwals who own shares in subsidiary Trinetra cements have alleged undervaluation
Market expansion, exports and specialty cements are at the heart of the company's repositioning
Rising cement rates and okay to merger of units with parent will lead to better profit growth
The stock hit its 52-week high of Rs 193, up 11%, extending its Wednesday's 9% surge
Company did not feel any impact of demonetisation and demand is expected to increase: MD Srinivasan
Total income from operations stood at Rs 1270.95 crore during the quarter
Competition watchdog had slapped a penalty of Rs 187 cr on the firm, and had taken action against several other cement makers
Company plans to manufacture a range of specialised cements for oil wells and Indian Railways
Its total income from operations grew to Rs 1,314.44 crore during the quarter under review
CCI has asked 11 cement companies and their lobby group CMA to pay a fine of Rs 6,714 crore for alleged cartelisation
Cost reduction, higher capacity utilisation to support the company in better performance
The stock it a fresh 52-week high of Rs 149, rallied 15% in past three trading sessions from Rs 130 on August 22.
Demand, realisations remain muted, but lower fuel costs help company exceed profit estimate
However, total income from operations decreased from Rs 1,225.7 crore in the year-ago period to Rs 1205.72 crore