JSW's cement business had plans for an IPO in the past. According to past media reports, Parth Jindal, the managing director of JSW Cement, had previously mentioned the listing of the cement business in FY20.
Net Sales are expected to increase by 11.2 percent Y-o-Y (down 5.3 percent Q-o-Q) to Rs. 479.9 crore, according to ICICI Direct.
Net Sales are expected to increase by 11.2 percent Y-o-Y (down 5.3 percent Q-o-Q) to Rs. 479.9 crore, according to ICICI.
French cement maker Lafarge has been looking to divest its interest in Lafarge India assets to comply with competition rules in the country.
The railways have decided to levy 15 per cent busy season charge on all commodities including cement, chemical manure, food grains, iron ore and coal.
Speaking to CNBC-TV18, Heidelberg confirmed that it is in talks with potential sellers to buy cement units in central India.
Tata Motors | Hindustan Zinc | Jaiprakash Power Ventures | Brigade Enterprises | Coal India | Reliance Power | Jindal Steel | Infosys | TCS | Sesa Goa and SKS Microfinance are stocks, which are in the news today.
SP Tulsian of sptulsian.com expects the March series to expire above 5700 levels.
SP Tulsian, sptulsian.com has adviced traders to go long in Ambuja Cement and ACC. Traders can also go short on Union Bank, Oriental Bank of Commerce, Dena Bank and Bank of India.
In an interview to CNBC-TV18, SP Tulsian of sptulsian.com talked about which stocks to trade in the coming session. He said Bajaj Auto and Hero Motocorp makes a good trading buys at the current levels and it is advisable to wait and watch L&T Financial Holdings.
Ambuja Cements is the top pick in cement space and may breach Rs 210 maybe in next 15-20 days, says SP Tulsian of sptulsian.com.
Stock-analyst SP Tulsian explains to CNBC-TV18 that long positions can be created on all UB group stocks as he estimates that the proposed sale of stake to Diageo is inevitable. He is also bullish on mid-cap cement stock Heidelberg as the company has adequate capacity-addition initiatives that will be operational in the next three-to-six months
Heidelberg and Century Textiles are looking good at current levels, says SP Tulsian of sptulsian.com.
In an interview with CNBC-TV18’s Latha Venkatesh and Gautam Broker; Ashish Guha, MD of Heidelberg spoke about the latest happenings in his company and sector.