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In 2018, the Geological Survey of India (GSI) discovered potential zones of high grade limemud and limesand off Gujarat and Maharashtra coasts. These are useful for cement companies that can cut down on the raw material import bills.
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Lower milk procurement prices, higher share of value-added products will lead to earnings growth
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The panel has also said that no diesel buses should be added to city fleets from 2024 and by 2030, ‘no city buses should be added which are not electric’
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UltraTech Cement Q4 result: Revenue from operations came in at Rs 18,662.38 crore, up 18.36 percent from Rs 15,767.28 crore in the year-ago quarter, the company said in a regulatory filing.
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For FY23, HUL's rural volumes declined 7 percent while in Q4 FY23, the fall was about 3 percent
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The report by Bhartiya Yuva Shakti Trust (BYST) also said that though markets have stabilised, about 57 per cent of the units that participated in the survey are struggling to get new orders for their merchandise.
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Analysts are divided on realisation from sales volumes. Analysts at Sharekhan and KIE state that sales realisation is set to increase quarter-on-quarter with better product mix
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While reporting a 4.5% fall in second-quarter profit and higher expenses, Nestle India said on July 28 it could see softening of prices in such commodities as edible oil and packaging materials.
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Realisations for Indian aluminium manufacturers may be affected since huge exports from China could disrupt prices.
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Since the start of 2020, Covid-led disruptions had been a blessing in disguise for IT and consumer goods stocks, spurring increased adoption of digital technology and demand for consumer products. Such demand has slackened
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Gabriel India reported a decent set of numbers in Q4FY22, driven by a sharp rebound in demand. This came despite witnessing a continuous rise in raw material prices which put pressure on the company’s margins. Want to know what continues to boost MC Pro’s confidence in the company? Watch the video to find out.
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According to a survey conducted by Credai, almost 40 percent developers have said that they won’t be able to sustain and deliver projects if no immediate measures are taken to provide relief
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The scale of operations and financial bandwidth also defines whether a builder can afford to halt operations. Larger projects and/or developers sitting on high debt may find it unsustainable to halt construction.
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Raw material price increases go unchecked and are a matter of grave concern as they are affecting the production and working capitals of the MSMEs, said the industry body.
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The steep hike in input costs is visible in the Wholesale Price Index (WPI)-based inflation, which scaled to a record 12-year high of 14.23 percent in November pushed by high prices of fuel, metals, food products and mineral oils.
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Input costs have soared as wholesale inflation is at a record 12.9 percent, but customers are not willing to renegotiate pre-booked orders, which forces MSMEs to sell at a loss and fire employees
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As a result of the consecutive lockdowns in 2020 and 2021, the MSME sector has been facing a massive liquidity and supply crunch, shortage of labour and non-payment of dues.
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In an interview to CNBC-TV18, TK Chand, CMD of National Aluminium Company (NALCO) spoke about the results and his outlook for the company.
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Demonetisation has had a severe impact, says RK Goyal, MD of Kalyani Steels.
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Demonetisation and an increase in raw material prices have dealt a double whammy to the cement sector. How long will this pain last? Will there be demand recovery in 2017? CNBC-TV18's Latha Venkatesh & Sonia Shenoy asks the experts.
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In an interview to CNBC-TV18, Abhijit Roy, MD & CEO of Berger Paints India said margins have been robust due to benign raw material costs.
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In an interview to Latha Venkatesh, Sonia Shenoy and Anuj Singhal on CNBC-TV18, Deven Choksey of KRChoksey Investment Managers shared his reading and outlook on market and specific stocks.
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Britannia Industries will increase prices of its products by around 7.0-7.5 percent on a blended basis during FY17 to counter inflation in raw material prices, says MD Varun Berry in an interview to CNBC-TV18.
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Raw material prices have not had much impact on the company, says Arnab Banerjee of Ceat. Rubber prices were flat across Q1, which are expected to move at same level in the third quarter as well.
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"Though the revenue is not very high in drum closures business, the bottom line is good because we are continuously in the process of cost cutting, saving in raw material and labour", Sharad Saraf, MD, Technocraft Industries India told CNBC-TV18.
