RECENT NEWS
The Economic Times  2 hrs ago  Comment 
The agency said that FY2016-17 would be a flat year for the sector as demonetisation had a negative impact on real estate and construction activities and the situation is likely to normalise from the first quarter of FY 2017-18 onwards.
The Economic Times  9 hrs ago  Comment 
Stocks of cement companies rose on Thursday with Burnpur Cement rising 6.28%, Mangalam Cement 3.04% and Shree Cement 1.56%.
The Economic Times  Mar 29  Comment 
The company reported a profit of Rs 604.38 crore for the year ending 31st December, 2016, up from Rs 587.60 crore in 2015, registering a growth in profit of 2.9%.
The Economic Times  Mar 28  Comment 
DCL’s cement plant is in close proximity to Amaravathi and other upcoming projects (irrigation projects), which would make the company a key beneficiary of cement demand.
The Hindu Business Line  Mar 23  Comment 
Emami Cement, part of the Rs 50,000 crore diversified Emami Group of companies, has commissioned its 2 million tonnes per annum (MTPA) cement grinding unit at the Panagarh Industrial Park in Burdwan...
The Times of India  Mar 23  Comment 
TITAN CEMENT-RESULTS/ (UPDATE 1):Greek cement maker Titan swings to profit in fourth quarter
The Economic Times  Mar 20  Comment 
Cement stocks have been trading in a narrow range over the past month, as the absence of large price increases raises questions on their earnings risk.
MarketWatch  Mar 20  Comment 
Fund manager Eric Marshall says cement and metals companies stand to benefit, even if the president can’t pass his plan.
MarketWatch  Mar 16  Comment 
Shares of U.S.-based cement suppliers were mostly lower, while Mexico-based Cemex’s stock rallied, after President Donald Trump asked Congress for over $4 billion to start building a border wall.




 

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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