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  • Race for Jaypee-promoted Andhra Cements gathers pace as Edelweiss ARC-led lenders invite EOIs by June 21; rope in Grant Thornton Jun 18, 2021 02:53 PM IST

    Race for Jaypee-promoted Andhra Cements gathers pace as Edelweiss ARC-led lenders invite EOIs by June 21; rope in Grant Thornton

    The cement sector has witnessed considerable action in the M&A and IPO segments in the last two years. The acquisition of the Emami Group’s assets by the Nirma group, papers for IPO being filed by Nirma Group’s cement arm Nuvoco Vistas and Penna Cements and the recent acquisition of AP based Bhavya Cement by Anjani Portland Cement, a subsidiary of Chettinad Cement Corporation. The Adani Group has also made a foray into the segment by incorporating a wholly-owned subsidiary, Adani Cement Industries.

  • Second wave of COVID-19 to result in reduced cement off-take in Q1 FY2022 by 25% Q-o-Q: ICRA Jun 14, 2021 09:29 PM IST

    Second wave of COVID-19 to result in reduced cement off-take in Q1 FY2022 by 25% Q-o-Q: ICRA

    Pent up demand is likely to push sales volumes from Q2 FY2022

  • Lockdown forces sharp fall in cement demand; signals slowdown in construction activity May 04, 2021 07:25 PM IST

    Lockdown forces sharp fall in cement demand; signals slowdown in construction activity

    Industry pins its hopes on lifting of temporary state imposed restrictions; government has major infrastructure projects like Bharat Mala in the pipeline

  • UltraTech Cement Q4 PAT seen up 70.8% YoY to Rs. 1,749.3 cr: Motilal Oswal Apr 15, 2021 09:36 AM IST

    UltraTech Cement Q4 PAT seen up 70.8% YoY to Rs. 1,749.3 cr: Motilal Oswal

    Net Sales are expected to increase by 29.1 percent Y-o-Y (up 13.2 percent Q-o-Q) to Rs. 13,871.3 crore, according to Motilal Oswal.

  • J K Cements Q4 PAT seen up 45.4% YoY to Rs. 259.3 cr: Motilal Oswal Apr 15, 2021 09:34 AM IST

    J K Cements Q4 PAT seen up 45.4% YoY to Rs. 259.3 cr: Motilal Oswal

    Net Sales are expected to increase by 37.4 percent Y-o-Y (up 15.4 percent Q-o-Q) to Rs. 2,030.6 crore, according to Motilal Oswal.

  • Grasim Industries Q4 PAT seen up 253% YoY to Rs. 380.7 cr: Motilal Oswal Apr 15, 2021 09:33 AM IST

    Grasim Industries Q4 PAT seen up 253% YoY to Rs. 380.7 cr: Motilal Oswal

    Net Sales are expected to increase by 5.7 percent Y-o-Y (up 24.2 percent Q-o-Q) to Rs. 4,560.3 crore, according to Motilal Oswal.

  • Birla Corporation Q4 PAT may dip 6.2% YoY to Rs. 182.6 cr: Motilal Oswal Apr 15, 2021 09:29 AM IST

    Birla Corporation Q4 PAT may dip 6.2% YoY to Rs. 182.6 cr: Motilal Oswal

    Net Sales are expected to increase by 14 percent Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 1,926.6 crore, according to Motilal Oswal.

  • Mangalam Cement Q4 PAT seen up 75.1% YoY to Rs 27 cr: Sharekhan Apr 14, 2021 07:03 PM IST

    Mangalam Cement Q4 PAT seen up 75.1% YoY to Rs 27 cr: Sharekhan

    Net Sales are expected to increase by 17.3 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs 348 crore, according to Sharekhan.

  • India Cements Q4 PAT to Rs 65 cr: Sharekhan Apr 14, 2021 07:00 PM IST

    India Cements Q4 PAT to Rs 65 cr: Sharekhan

    Net Sales are expected to increase by 19.2 percent Y-o-Y (up 18.4 percent Q-o-Q) to Rs 1,373 crore, according to Sharekhan.

  • Dalmia Bharat Q4 PAT seen up 277% YoY to Rs 268 cr: Sharekhan Apr 14, 2021 07:00 PM IST

    Dalmia Bharat Q4 PAT seen up 277% YoY to Rs 268 cr: Sharekhan

    Net Sales are expected to increase by 31.1 percent Y-o-Y (up 14 percent Q-o-Q) to Rs 3,256 crore, according to Sharekhan.

  • JK Lakshmi Cement Q4 PAT seen up 1.4% YoY to Rs 102 cr: Sharekhan Apr 14, 2021 06:49 PM IST

    JK Lakshmi Cement Q4 PAT seen up 1.4% YoY to Rs 102 cr: Sharekhan

    Net Sales are expected to increase by 21.2 percent Y-o-Y (up 7.9 percent Q-o-Q) to Rs 1,287 crore, according to Sharekhan.

  • The Ramco Cements Q4 PAT seen up 87.6% YoY to Rs 274 cr: Sharekhan Apr 14, 2021 06:49 PM IST

    The Ramco Cements Q4 PAT seen up 87.6% YoY to Rs 274 cr: Sharekhan

    Net Sales are expected to increase by 22.5 percent Y-o-Y (up 27.2 percent Q-o-Q) to Rs 1,703 crore, according to Sharekhan.

  • Shree Cement Q4 PAT seen up 18.3% YoY to Rs 696 cr: Sharekhan Apr 14, 2021 06:49 PM IST

    Shree Cement Q4 PAT seen up 18.3% YoY to Rs 696 cr: Sharekhan

    Net Sales are expected to increase by 20.1 percent Y-o-Y (up 16.7 percent Q-o-Q) to Rs 3,863 crore, according to Sharekhan.

  • UltraTech Q4 PAT seen up 50.4% YoY to Rs 1,659 cr: Sharekhan Apr 14, 2021 06:48 PM IST

    UltraTech Q4 PAT seen up 50.4% YoY to Rs 1,659 cr: Sharekhan

    Net Sales are expected to increase by 32.1 percent Y-o-Y (up 15.7 percent Q-o-Q) to Rs 13,684 crore, according to Sharekhan.

  • Grasim Q4 PAT seen up 262.9% YoY to Rs 407 cr: Sharekhan Apr 14, 2021 04:42 PM IST

    Grasim Q4 PAT seen up 262.9% YoY to Rs 407 cr: Sharekhan

    Net Sales are expected to increase by 5.6 percent Y-o-Y (up 24 percent Q-o-Q) to Rs 4,554 crore, according to Sharekhan.

  • Ambuja Cements Q4 PAT seen up 20.4% YoY to Rs. 480.7 cr: Motilal Oswal Apr 14, 2021 03:22 PM IST

    Ambuja Cements Q4 PAT seen up 20.4% YoY to Rs. 480.7 cr: Motilal Oswal

    Net Sales are expected to increase by 22.7 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 3,469.4 crore, according to Motilal Oswal.

  • ACC Q4 PAT seen up 25.2% YoY to Rs. 438 cr: Motilal Oswal Apr 14, 2021 03:21 PM IST

    ACC Q4 PAT seen up 25.2% YoY to Rs. 438 cr: Motilal Oswal

    Net Sales are expected to increase by 19.1 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 4,169 crore, according to Motilal Oswal.

  • Niraj Cement Standalone December 2020 Net Sales at Rs 18.38 crore, down 39.47% Y-o-Y Apr 01, 2021 10:11 AM IST

    Niraj Cement Standalone December 2020 Net Sales at Rs 18.38 crore, down 39.47% Y-o-Y

  • Find alternatives, punish cartel pushing steel, cement prices: Nitin Gadkari to Indian Road Congress Feb 21, 2021 11:02 PM IST

    Find alternatives, punish cartel pushing steel, cement prices: Nitin Gadkari to Indian Road Congress

    The contractors, government agencies and the poor are being adversely affected due to the exorbitant rise in steel and cement prices, said Nitin Gadkari.

  • Real-estate developers go on strike over cement, steel price hike in Gujarat Feb 12, 2021 02:20 PM IST

    Real-estate developers go on strike over cement, steel price hike in Gujarat

    Work has been stalled at 20,000 construction sites across the state, hitting 20 lakh daily-wage labourers, said Arvind Patel, chairman of Gujarat Contractors Association.

  • Cement makers allege builders spreading ‘misinformation’ as spat intensifies Feb 10, 2021 04:45 PM IST

    Cement makers allege builders spreading ‘misinformation’ as spat intensifies

    Two days before builders go on a day-long strike against alleged price hike, cement association sends a strongly-worded statement. Similar charges also traded between user industries and steel companies

  • Greenpanel Inds Q3 PAT seen up 2100% YoY to Rs. 11 cr: Yes Securities Jan 21, 2021 05:36 PM IST

    Greenpanel Inds Q3 PAT seen up 2100% YoY to Rs. 11 cr: Yes Securities

    Net Sales are expected to increase by 9.9 percent Y-o-Y (up 15.1 percent Q-o-Q) to Rs. 258.9 crore, according to Yes Securities.

  • Birla Corp Q3 PAT seen up 87.4% YoY to Rs. 152.7 cr: Yes Securities Jan 21, 2021 05:29 PM IST

    Birla Corp Q3 PAT seen up 87.4% YoY to Rs. 152.7 cr: Yes Securities

    Net Sales are expected to increase by 3 percent Y-o-Y (up 6.8 percent Q-o-Q) to Rs. 1,766.5 crore, according to Yes Securities.

  • Dalmia Bharat Q3 PAT seen up 792.1% YoY to Rs. 214.1 cr: Yes Securities Jan 21, 2021 05:23 PM IST

    Dalmia Bharat Q3 PAT seen up 792.1% YoY to Rs. 214.1 cr: Yes Securities

    Net Sales are expected to increase by 8.7 percent Y-o-Y (up 9 percent Q-o-Q) to Rs. 2,627.2 crore, according to Yes Securities.

  • UltraTech Cements Q3 PAT seen up 61.5% YoY to Rs. 1,150 cr: Yes Securities Jan 21, 2021 05:13 PM IST

    UltraTech Cements Q3 PAT seen up 61.5% YoY to Rs. 1,150 cr: Yes Securities

    Net Sales are expected to increase by 9.8 percent Y-o-Y (up 9.8 percent Q-o-Q) to Rs. 11,369.8 crore, according to Yes Securities.

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