Feb 18, 2011 06:23 PM IST
The cement industry is woe-ridden on the back of poor execution of infrastructure projects. Sharekhan is thereby maintaining a negative outlook in this sector.
- Feb 18, 2011 05:55 PM IST
Given the backdrop of Government thrust to accelerate economic growth, cement industry is expecting a reduction in excise duty. However, Unicon Investment says that the government is unlikely to reduce excise duty in this sector.
- Feb 16, 2011 05:14 PM IST
HeidelbergCement India has reported a sales turnover of Rs 196.45 crore and a net loss of Rs 5.50 crore for the quarter ended Dec '10
- Feb 07, 2011 02:59 PM IST
On account of continued margin pressures, most cement companies are hoping to increase prices for the first time in calendar year 2011, reports CNBC-TV18.
- Feb 07, 2011 02:55 PM IST
Ambuja Cements’ fourth quarter (October-December) net profit grew 7% year-on-year to Rs 258 crore despite lower cement prices, rising cost pressure, and logistics-related issues at two of its units in north India, The Economic Times reported.
- Feb 07, 2011 02:48 PM IST
Grasim was able to post a decent performance in the December quarter, driven by the viscose Staple fibre (VSF) segment, reports Business Standard. Further, rising prices of competing fibres like cotton pushed the demand for VSF.
- Feb 07, 2011 02:41 PM IST
Since 2007, HUL has hauled 13,700 tonnes of its waste products to ACC's Kymore plant for 'co-processing', a term commonplace in the cement sector across the globe and now in India too, reports Economic Times.
- Feb 07, 2011 02:35 PM IST
Cement makers may further increase prices by Rs 5-10 per bag--the fourth hike since November—because of rising input costs, reports Business Standard.
- Feb 04, 2011 10:39 AM IST
JK Lakshmi Cement is going to increase cement prices by up to Rs 10/bag in 2 weeks on the back of high input, freight cost, quoting Sources, reports CNBC-TV18. It touched an intraday high of Rs 49.70 and an intraday low of Rs 47. At 10:21 hrs the share was quoting at Rs 49.25, up Rs 2.20, or 4.68%.
- Feb 03, 2011 03:41 PM IST
Exit cement stocks on bounce, says Ambareesh Baliga of Karvy Stock Broking.
- Feb 01, 2011 04:10 PM IST
In an interview with CNBC-TV18, K Ravi, MD of NCL Industries spoke on the joint venture and the road ahead for the company.
- Jan 25, 2011 11:40 AM IST
Kirti Doshi, Promoter, Antique Stock Broking is bullish on commercial vehicle segment.
- Jan 20, 2011 08:30 PM IST
India's coal imports may fall this fiscal due to high global prices triggered by the floods in Australia, the coal minister said, which could impact power generation and earnings of steel, power and cement firms.
- Jan 11, 2011 04:21 PM IST
Most foreign brokerages expect muted returns from the India equities in 2011 due to the multiple domestic headwinds that are gathering pace.
- Jan 07, 2011 10:19 AM IST
CNBC-TV18’s Managing Editor Udayan Mukherjee doesn’t expect outperformance from the cement space. “Whatever little recovery or contrarian buying led price appreciation had to happen has already happened. These stocks at best stay here or probably give up a bit of ground.”
- Jan 06, 2011 07:52 PM IST
The Aditya Birla Group Company UltraTech’s Cement production for the period April-December 2010 has moved up by 3.75% at 279.88 lac mt as against 269.77 lac mt during April-December 2009.