RECENT NEWS
The Economic Times  4 hrs ago  Comment 
Ambuja Cement’s Q2 profit after tax jumped 76 per cent while ACC’s grew by 81.7 per cent. Both Ambuja Cement and ACC beat market expectations.
The Economic Times  8 hrs ago  Comment 
Emami Cement is in the process of setting up a plant at Panagarh in West Bengal with a capacity of 2 million tonnes per annum (mpta) at a cost of Rs 500 crore.
newratings.com  Jul 25  Comment 
JONA (dpa-AFX) - Cement giant LafargeHolcim (HCMLY.PK, HCMLF.PK) announced Monday that it has signed an agreement with Siam City Cement Public Company Limited for the divestment of its interest in Holcim Lanka for an enterprise value of $400...
The Economic Times  Jul 24  Comment 
The electricity demand, diesel consumption, steel output and cement production have risen of late but capital goods production and imports are down.
The Economic Times  Jul 21  Comment 
Ambuja Cements ended up 1.5% at Rs 266 after hitting a 52-week high of Rs 267.70 intraday and ACC ended up 4.1% at Rs 1,700 after hitting a 52-week high of Rs 1,716.75 during the session.
The Economic Times  Jul 21  Comment 
The company added that two cement grinding facilities, one in Chhattisgarh and the other in Jharkhand, will be commissioned within the September quarter.
The Economic Times  Jul 20  Comment 
The group chose M&As as a key strategy to purchase cement plants both in India and overseas.
guardian.co.uk  Jul 20  Comment 
American officials moving swiftly to cement economic relationship with Britain and speed up stalled transatlantic trade deal with Europe A potentially swift bilateral trade and investment deal with the UK is being suggested by American...
The Economic Times  Jul 20  Comment 
The CCEA also allowed the "subsequent reverse merger through a share swap. This would entail outflow of Rs 3,500 crore."
Benzinga  Jul 20  Comment 
Medtronic plc (NYSE: MDT) revealed that the Food and Drug Administration (FDA) has approved its CD Horizon Fenestrated Screw Set, which could be used for patients diagnosed with advanced stage tumors involving the thoracic and lumbar spine....




 

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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