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Cement Makers

Nov 11, 2016 at 09:28 | Source: PTI
In August, CCI had slapped an over Rs 6,700 crore penalty on 11 cement firms including ACC, Ambuja, Ramco and JK Cement as well as the industry body Cement Manufacturers Association (CMA) for indulging in cartelisation.
Nov 07, 2016 at 11:29 | Source: Moneycontrol.com
The boards of Dalmia Bharat Limited and OCL India (OCL) received approval to merge the two entities. This will create the fourth largest cement maker in the country with an installed capacity of 25 million tonnes per annum and annual revenues of about Rs 10,000 crore.
Nov 03, 2016 at 08:22 | Source: PTI
During April-September 2016-17, cement prices in the North were higher by around Rs 60-65 per bag, compared to the same period in 2015-16, ICRA said in a statement.
Oct 24, 2016 at 20:00 | Source: PTI
Coal miners, whose profitability has eroded due to power sector woes, are facing another challenge as cement makers are substituting 50 per cent of their coal requirement with petroleum coke (petcoke) to fire their kilns, translating into a revenue loss of up to Rs 3,800 crore, a report by Crisil Research has said.
Oct 21, 2016 at 08:25 | Source: CNBC-TV18
Cement maker ACC's third quarter (July-September) profit is seen rising 46 percent at Rs 168 crore due to better operational performance and lower depreciation expenses, according to average of estimates of analysts polled by CNBC-TV18.
Aug 17, 2016 at 22:20 | Source: PTI
Cement maker Dalmia Bharat todayposted 76 per cent rise in consolidated net profit at Rs 92crore for the quarter ended on June 30, 2016 compared to thesame period of last year.
Aug 12, 2016 at 21:50 | Source: PTI
Cement maker ACC said the merger of Ambuja Cements and Holcim (India) Pvt Ltd (HIPL) will be effective from Friday.
Aug 10, 2016 at 15:22 | Source: PTI
The flagship firm of the M P Birla Group had posted a net profit for the period of Rs 24.95 crore in the year-ago period, Birla Corporation said in a filing to BSE today.
Jul 12, 2016 at 15:10 | Source: Moneycontrol.com
Ahmedabad-headquartered soda ash and chemicals maker Nirma has been striving to firm up its base in the cement business without much success and the Lafarge deal, though expensive, proves to be a strategic fit in scaling up its capacity significantly from 2 million tonnes currently, experts say.
May 24, 2016 at 09:55 | Source: CNBC-TV18
French cement maker Lafarge has been looking to sell its 11 million tonne cement assets in India. It had shortlisted companies like Piramal GRoup, JSW Group and Cemex, learns CNBC-TV.
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ACC  

Source:The Hindu BusinessLine - New Delhi, Feb 7: Cement maker ACC today reported a 18.6 per cent dip in consolidated net profit for the year 2012 at Rs 1,059 crore as it changed the method of calculating depreciation. The company, in which swiss major Holcim has the majority stake, had clocked Rs

12.34 PM Feb 8th 2013

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ACC  

Source:Economic Times - MUMBAI: ACC Ltd, controlled by Swiss group Holcim, the world`s second-largest cement producer, reported a 49 per cent fall in net profit for the Oct-Dec quarter, meeting analyst expectations. ACC, India`s No. 2 cement maker, reported a net profit of 2.39 billion rupees

8.15 PM Feb 7th 2013

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UltraTechCement  

Cement makers` shares firm up on price hikes Cement prices have started recovering post mid-January. These price hikes are in line with our estimates for cement companies for the current financial year. Steeper price hikes from hereon can provide further upside for cement stocks, says Teena

2.23 PM Feb 7th 2013

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JK Cement Ltd  

Source:The Hindu BusinessLine - New Delhi, Feb 4: J K Cement today posted around 25 per cent rise in net profit during the October-December quarter at Rs 54.38 crore on improved sales. The Kanpur-based cement maker had clocked Rs 43.52 crore net profit in the corresponding quarter last fiscal

12.53 PM Feb 5th 2013

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UltraTechCement  

Source:Economic Times - NEW DELHI: Aditya Birla Group-owned UltraTech Cement rallied over 2 per cent in early morning trade on Monday on reports that India`s largest cement maker has begun talks to purchase an incomplete 6.7-million-tonne cement plant in Gujarat owned by ABG Cement (ABGCL). At 09

4.43 PM Feb 4th 2013

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UltraTechCement  

Source:Economic Times - By: Baiju Kalesh MUMBAI: India`s largest cement maker, Aditya Birla Group-owned UltraTech Cement, has begun talks to purchase an incomplete 6.7-million-tonne cement plant in Gujarat owned by ABG Cement (ABGCL), a person with direct knowledge of the development said.

4.43 PM Feb 4th 2013

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Cement & Construction - Sector  

Source:Business Standard - Cement makers are likely to take a marginal hit after the rise in diesel prices for retail and bulk buyers. Since diesel is mainly used for transportation of cement and its raw materials, coal and fly ash, industry experts say it will be adding to the cost of sales

4.49 PM Jan 19th 2013

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Source:DNA India - Mining firm Anglo American and cement maker Lafarge have sold one of the UK s biggest concrete plants to Indian business tycoon Lakshmi Mittal. The Indian-origin steel tycoon purchased Lafarge, and AA s assets for 272 million.According to the Daily Express, among other assets

3.34 PM Nov 17th 2012

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Sanghi Ind  

Source:The Hindu BusinessLine - Cement maker Sanghi Industries, which started off as a predominantly export driven company, has turned its eyes on the domestic markets. It has set in place a strategy to turnaround, wipe out its debt level which stands at around Rs 750 crore at present

10.08 AM Nov 6th 2012

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ACC  

Cement maker ACC Ltd has reported an around 4% jump in its October sales to 2.04 million tonnes, YoY. The company’s production remained almost flat at 2.05 million tonnes compared to 2.04 million tonnes, YoY.

12.57 PM Nov 3rd 2012

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