RECENT NEWS
The Hindu Business Line  Jun 15  Comment 
Karvy Stock BrokingUltraTech Cement (Buy)CMP: ₹2,715Target: ₹3,310UltraTech Cement, country’s largest cement player with 60.2 mt capacity, would be the biggest be...
Forbes  Jun 14  Comment 
When Sardar Biglari, CEO of Biglari Holdings, won a hotly contested battle to retain control the company's its board in April, investors feared his next move would be to cement his control. They were right.
The Economic Times  Jun 13  Comment 
Till some kind of clarity comes on the monsoon front or what the RBI does or the results season kicks start, we will have to wait and watch, Irani says.
Clusterstock  Jun 11  Comment 
Twitter CEO Dick Costolo is stepping down, the company announced Thursday afternoon, and the stock shot up as much as 10%.  It's currently hovering around 7.7%. Cofounder Jack Dorsey will be the interim CEO.  Developing.  Join the...
The Economic Times  Jun 11  Comment 
'Prism Cement Ltd is a 'BUY' call with a target of Rs 120 and a stop loss of Rs 105'
Bulk Transporter  Jun 10  Comment 
Global cement consumption is expected to grow throughout 2015 and continue throughout the next year, but at the slower rate than in the past. A report released by the Portland Cement Association (PCA) indicates that cement consumption among...
The Hindu Business Line  Jun 9  Comment 
Zuari Cement, part of the Italcementi group, has developed autoclaved aerated concrete block (Zuari Superlite). This has become the first green product in the country certified by CII’s Indian Gre...
Reuters  Jun 9  Comment 
Brazilian industrial conglomerate Camargo Correa is looking to sell a stake in cement maker InterCement for up to 3.6 billion reais ($1.2 billion) in order to make new overseas...
Benzinga  Jun 9  Comment 
Mechel ОАО (MICEX:MTLR) (NYSE: MTL), one of the leading Russian mining and metals companies, announces signing a memorandum with China's Jidong Cement, one of the world's top ten cement producers. According to the signed memorandum, Mechel is...
The Economic Times  Jun 9  Comment 
'I would go with a sell in a India Cement with a stop loss of 82 and target of 70. A buy in a SPARC (Sun Pharma Advance Research) with a stop loss of 390 and target of 448.'




 

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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