RECENT NEWS
The Economic Times  Jan 30  Comment 
Dalmia Cement (Bharat) has increased its stake in OCL India to 45.4 per cent from 21.7 per cent at an investment of Rs 177 crore as part of its plan to expand its footprint in eastern India.
The Economic Times  Jan 30  Comment 
JK Cement's net profit rose 62.15 per cent to Rs 46.49 crore for the third quarter ended December 31, over the same period corresponding fiscal.
The Economic Times  Jan 29  Comment 
Dalmia Cement (Bharat) on Friday announced a 4% fall in quarterly net profit due to higher expenditure on raw materials and increased freight costs.
The Economic Times  Jan 29  Comment 
Dalmia Cement has scaled up its holding in OCL by 23% to 45% through inter-se transfer. It has bought a 22% stake, which was held by its chairman YH Dalmia in his personal capacity.
Business Standard  Jan 29  Comment 
Holcim, the Swiss cement giant, has acquired an Andhra-based coastal cement plant through its Indian arm, ACC. It is the first acquisition in the domestic cement industry in more than a year and a half.
Reuters  Jan 29  Comment 
Brazilian construction group Camargo Correa on Friday withdrew a proposal to merge its cement operations with Portugal's Cimpor , the target of a takeover bid by Brazilian steelmaker CSN , but indicated it was still interested in the Portuguese firm.
The Economic Times  Jan 29  Comment 
ACC said it has acquired Vizag-based Encore Cement and Additives (ECA) for an undisclosed sum.
Commodity Online  Jan 29  Comment 
South India s leading cement maker Madras Cements Ltd (BOM:500260) slipped on the bourses today as the company s third quarter financial results dissuaded investors after the net profits tumbled by 74.5% to Rs.16.01 crore for the period.
Reuters  Jan 28  Comment 
India's Sanghi Cement is to build a plant in Kenya costing 8 billion shillings in collaboration with local firm Cemtech with a view to supplying the south Sudan market, a government official said on Thursday.



Thank you for your suggestion
 

Besides producing cement, many of these companies produce ready-mix concrete, asphalt, aggregates, and concrete structures. Cement industry is local in nature, because the weight to value ratio of cement and other building materials is relatively low.

Wikinvest © 2006, 2007, 2008, 2009, 2010. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki