Aug 22, 2016 at 11:09 | Source: CNBC-TV18
East business is expected to grow faster than the companys main north business.Cement demand, Bangur says, will rebound strongly post monsoon as the rural income rises
May 26, 2016 at 15:35 | Source: CNBC-TV18
HM Bangur, Managing Director of Shree Cements told CNBC-TV18 that the monsoon is key to its earnings in FY17.
Feb 03, 2016 at 09:08 | Source: PTI
The company had clocked a net profit of Rs 93.68 crore in the year-ago period, it said in a BSE filing. Company's total standalone income rose by 18 percent to Rs 1,828.83 crore in the October-December quarter as against Rs 1,544.50 crore during the same quarter last fiscal.
Feb 02, 2016 at 15:24 | Source: CNBC-TV18
Cement capacity utilisation for the quarter came down from 88 to 77 percent because of addition of new units. The new plant capacity utlilisation currently stood at around 55 percent, said HM Bangur, Managing Director, Shree Cement.
Aug 05, 2015 at 13:50 | Source: CNBC-TV18
The company has managed to achieve 80 percent capacity utilisation, including the Chattisgarh plant, in the quarter under review. Bangur expects the Chattisgarh plant to run at 60 percent capacity in the next quarter.
Mar 04, 2015 at 12:05 | Source: CNBC-TV18
In an interview with CNBC-TV18s Latha Venkatesh and Sonia Shenoy, HM Bangur, MD, Shree Cement, outlined the companys plans to increase its capacity as well as its sales outlook going forward.
Feb 03, 2015 at 16:19 | Source: CNBC-TV18
Shree Cement second quarter net profit fell 18.9 percent year-on-year to Rs 93.7 crore. But HM Bangur, Managing Director, Shree Cement remains optimistic about the future.
Nov 19, 2014 at 11:34 | Source: CNBC-TV18
According to HM Bangur of Shree Cements prices have been impacted adversely due to low demand.The prices have come down by Rs 10-15 per bag in the North India where they operate.
Aug 26, 2014 at 11:56 | Source: Moneycontrol.com
CLSA maintains buy rating on the stock with a revised target price of Rs 9,500 apiece. The brokerage believes a small acquisition (JPA grinding unit) and on-going expansions are set to raise Shrees capacity to 24 million tonnes (MT) in next 2-3 years (versus current 15 MT) making it one of the fastest growing firms in the industry.
Aug 25, 2014 at 16:54 | Source: CNBC-TV18
Shree Cement was in talks with JP Associates with respect to this deal for a month, HM Bangur, managing director of Shree Cements.