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Source: Live Mint As the cement sector struggles with muted prices, some firms may feel more heat than others. A case in point here is Dalmia Bharat Ltd. Its two core markets– east and south–are poised to see increased pricing pressure. A spree of capacity additions in the east by various cement companies would lead…
Source: Live Mint Ambuja Cements Ltd, an Adani Group company, is seeing results from its increased focus on inorganic growth. The company’s consolidated volume grew by 8.4% year-on-year to 14.2 million tonnes (mt) in the September quarter (Q2FY25). This outpaces the industry’s flat growth and sector leader UltraTech Cement Ltd’s 2.7% rise in domestic grey…
Source: Live Mint For a second consecutive month, cement prices have inched higher in October. While the increase is marginal, it does offer some relief to investors as weak price trends lately have been hurting the sector’s realization outlook. After all, cement prices hit a three-year low in the September quarter (the financial second quarter…
Source: Business Standard 4 min read Last Updated : Oct 08 2024 | 1:37 PM IST Shares of Adani group companies were in focus on Tuesday as they rallied up to 6 per cent on the BSE in today’s intraday trade amid heavy volumes. Shares of the group’s companies were up in the range…
Source: Live Mint HeidelbergCement India share price jumped 18% on Monday after a report that Adani Group is in discussions to acquire the company and Zuari Cement from its German parent firm. HeidelbergCement shares spiked as much as 17.95% to ₹257.85 apiece on the BSE. The volumes traded of Heidelberg Cement India shares also jumped…
Source: Live Mint Stocks to buy for long term: Despite persisting concerns over sticky inflation, elevated rates, geopolitical tensions and stretched valuations, the Indian stock market benchmark, Nifty 50, has seen an impressive gain of about 17 per cent this year so far. Experts are positive about the Indian market’s medium—to long-term growth prospects due…
