RECENT NEWS
The Economic Times  9 hrs ago  Comment 
Reliance Securities believes JKC’s Grey Cement profitability will continue to remain strong hereon
The Hindu Business Line  12 hrs ago  Comment 
Asian stocks consolidated recent gains on Wednesday, helped by Wall Street's rise overnight, even as oil prices slid after a surprise build in US crude stocks. MSCI’s broadest index of Asia-Pacific...
The Hindu Business Line  Aug 23  Comment 
The changes in freight rates announced by Indian Railways today had a limited impact on cement and power companies as analysts said that it will not impact all the companies across the board and withi...
The Economic Times  Aug 23  Comment 
The S&P BSE Sensex recovered quite a bit helped by strength in European markets to close flat below 28,000 and marking an end to its two-day losing streak.
The Economic Times  Aug 23  Comment 
Indian Railways, which has been struggling to stem the decline in freight and passenger revenues, has seen a 7.74% fall in freight earnings in July.
The Hindu Business Line  Aug 22  Comment 
Birla Corp has acquired the entire equity shares of Reliance Cement Company Pvt Ltd, the former informed the exchanges on Monday. On February 4, Birla Corp had signed an agreement with Reliance Infra...
The Hindu Business Line  Aug 22  Comment 
Reliance Infrastructure Ltd (RInfra) of the Anil Ambani Group on Monday announced the successful completion of the sale of its 100 per cent shareholding in Reliance Cement Company Pvt Ltd to Birla Co...
The Economic Times  Aug 22  Comment 
The acquisition will provide the company with ownership of modern plants and take its cement production capacity to 15.4 million tonnes per annum.
The Economic Times  Aug 22  Comment 
Brokerage expects Shree Cement to deliver 43% EBITDA CAGR during FY16-18E on account of improving demand and pricing outlook.
The Economic Times  Aug 22  Comment 
Cement stocks would continue to do well next weeks and some more gains can be seen in ACC and Ambuja Cements, said K Anant Rao.




 

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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