Search For "cement maker"
Cement makers' margins to rise 250 bps this fiscal on higher realisation,
Updated : 8 months ago IST
Cement manufacturers are expected to see a significant improvement in profitability this fiscal, with operating margins set to rise by 250-300 basis points (bps) owing to better realisations supported by premiumisation and stable input costs, according to Crisil Intelligence.
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Cement makers to regain decadal average profitability in 2025-26 over dema
Updated : 1 year, 1 month ago IST
Growth in India's cement demand will recover to 6.5-7.5 per cent this fiscal (2025-26) after falling to 5 per cent in the recently concluded 2024-25 fiscal, according to a Crisil Ratings report.
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Indian cement makers to invest USD 14.3 bn over next four years
Updated : 1 year, 11 months ago IST
This move, driven by rising domestic demand, is expected to add an additional 160-170 million tons of cement production annually. The industry's expansion will be predominantly funded through internal accruals, with minimal reliance on d
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Cement makers line up Rs 1.25 lakh crore capital expenditure over fiscals
Updated : 1 year, 11 months ago IST
Indian cement makers are expected to undertake capital expenditure worth Rs 125,000 crore during financial years 2025-2027, driven by healthy demand outlook and quest for attracting market share, asserted Crisil Ratings.
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ACC Jan-Mar 2023 net profit dips over 40 pc; revenue up 8 pc
Updated : 3 years, 3 months ago IST
ACC Limited, a cement maker and part of the diversified Adani Group, announced the financial results for the quarter and full year that ended in March 2023.
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Ambuja Cements shares at all-time high after being acquired by Adani Group
Updated : 3 years, 10 months ago IST
New Delhi [India], September 19 (ANI): Shares of Ambuja Cements jumped sharply on Monday to hit an all-time high after the formal acquisition of the cement maker by the Adani Group.
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ACC facilitates building of Gratitude Eco-Villa, a residence in Puducherry
Updated : 4 years, 3 months ago IST
Mumbai (Maharashtra) [India], May 5 (ANI/BusinessWire India): What makes a building sustainable? What are the materials that go into building a house with low carbon footprint? How can this carbon footprint be further reduced? These were some of the questions that ACC Ltd, one of India's mos
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Ambuja Cements ranked as India's Most Trusted Cement Brand in 2022 by TRA
Updated : 4 years, 4 months ago IST
Mumbai (Mahrashtra) [India], March 21 (ANI/BusinessWire India): Ambuja Cements Limited, part of the Holcim Group and one of India's largest cement makers, has been recognized as India's Most Trusted Cement Brand by TRA Research in its Brand Trust Report, 2022.
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Indian cement makers' price hikes to support margins: Fitch
Updated : 5 years, 2 months ago IST
Mumbai (Maharashtra) [India], May 18 (ANI): The recent price increases by Indian cement companies will counter higher energy costs while the impact on profitability from a resurgence of coronavirus is likely to be limited, Fitch Ratings said on Tuesday.
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L&T bags significant orders for its buildings and factories business
Updated : 6 years, 3 months ago IST
Mumbai (Maharashtra) [India], April 17 (ANI): Infrastructure major Larsen & Toubro (L&T) said on Friday said its buildings and factories business has bagged significant orders worth up to Rs 2,500 crore from domestic clients.
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MP Birla Cement launches perfect plus construction chemicals
Updated : 7 years, 7 months ago IST
New Delhi [India], Jan 5 (NewsVoir): Birla Corporation Limited, the flagship company of the MP Birla Group, announces the launch of wall putty and construction chemicals to supplement its premium Perfect Plus brand of cement. Birla Corporation is one of India's top cement makers, with an ann
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French cement maker Lafarge accused of terror funding in Syria
Updated : 8 years, 1 month ago IST
Paris [France], Jun 29 (ANI): French cement giant Lafarge has been put under formal investigation over allegations of funding terrorist groups, including Islamic State (IS), in Syria.
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