RECENT NEWS
The Economic Times  May 6  Comment 
The stock was trading at Rs 217.35 at the time the analyst made the recommendation.
The Economic Times  May 5  Comment 
Road transport and highways minister Nitin Gadkari said the aim is to bring down the cost of cement to make the projects financially more viable.
MarketWatch  May 5  Comment 
Investors are looking for robust job creation in April to cement the view the U.S. is doing fine despite a poor first quarter. And that’s exactly what Wall Street is penciling in.
Forbes  May 5  Comment 
Tesla just announced it plans to build 500,000 cars in 2018, two years ahead of its previous schedule. For Elon Musk, this audacious goal could cement his reputation as one of the great industrialists of all time or tear his company apart as it...
New York Times  May 4  Comment 
After a man’s body was found on the shore on Monday, his feet encased in concrete, crime historians struggled to point to similar cases.
New York Times  May 4  Comment 
The Workers’ Party congress — in theory, the North’s highest decision-making body — will essentially be a coronation for Mr. Kim, affirming him as supreme leader.
The Hindu Business Line  May 4  Comment 
Orient Cement’s fourth-quarter net profit fell 77 per cent to ₹19 crore from ₹85 crore in the same period last year, largely due to a sharp fall in realisation. Sales were up 15 per cent to ₹447 cr...
The Economic Times  May 4  Comment 
The stock has gained 4.62 per cent so far in the calendar year 2016. The stock is looking weak on the charts.
The Hindu Business Line  May 3  Comment 
Mines Ministry to notify rules
The Economic Times  May 3  Comment 
The agency said it expects the amendment to the Act to streamline consolidation in the cement industry since companies will now be able to transfer captive mines-- even those not acquired through auction- to the acquirer.




 

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.

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