Search For "cement sector"
Incremental investment in cement sector will come only when profitability
Updated : 1 year, 2 months ago IST
Illustrating current margins, the report outlines an example where the industry achieves an EBITDA of Rs800 per ton. After adjusting for 80 per cent capacity utilisation and accounting for depreciation, the post-tax ROCE stands at a mere 3 per cent. For incremental investments, the report hi
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Global cement market to hit USD 592.38 bn by 2032, growing at 4.3 pc CAGR:
Updated : 1 year, 3 months ago IST
Global cement consumption is anticipated to rebound modestly, with growth expected to range between 1 per cent and 2 per cent.
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Cement demand is likely to grow in the range of 4-5% during FY25: Ambuja C
Updated : 1 year, 4 months ago IST
Kapur said, "Strong infrastructure demand and ongoing needs from the housing and commercial sectors are anticipated to boost cement demand in H2FY 2025. The introduction of Pradhan Mantri Awas Yojana Urban Housing II with an allocation of Rs 11 lakh crores along with the government's continu
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Cement demand to moderate at 7-8 pc this fiscal from 11 pc between FY22-FY
Updated : 1 year, 5 months ago IST
This marks a slowdown following a compound annual growth rate of around 11 per cent between fiscals 2022 and 2024. Despite the tempered growth, the operating profitability of cement companies is anticipated to remain stable at Rs 975-1,000 per tonne, which is above the decadal average of Rs
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Cement prices will be hiked and demand will grow in H2FY25 : Centrum repor
Updated : 1 year, 5 months ago IST
Cement demand is likely to grow by 5 per cent in FY25, and few more round of price hike by companies is expected in the coming months says a report by Centrum.
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Cement companies may have to roll back September price hike: Nuvama
Updated : 1 year, 6 months ago IST
"We believe price hikes may have to be rolled back by month-end due to weak demand. Even so, demand is likely to pick up from Q3FY25, which should support prices somewhat," says the Nuvama report.
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Consolidation to continue in cement sector; operational efficiency will re
Updated : 1 year, 9 months ago IST
According to ICRA, forecasts suggest this trend will continue, with expectations of a further surge to 55 per cent by March 2025, indicating a notable consolidation within the sector.
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AI-zation of the Fleet: Dalmia Logistics Partners with drivebuddyAI Enhanc
Updated : 1 year, 11 months ago IST
Ahmedabad (Gujarat) [India], April 17: drivebuddyAI, a pioneering leader in AI-driven solutions for the transportation industry, proudly announces the onboarding of Dalmia Transports & Logistics as its latest client. Operating within the dynamic cement sector in Kanpur, UP, Dalmia Transp
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China's cement sector faces headwinds, while India sees steady growth: Fit
Updated : 2 years, 3 months ago IST
Fitch Ratings' insights reveal a challenging outlook for Chinese cement demand in 2024, driven by ongoing distress in the property sector.
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Adani Group Chairman Gautam Adani announces sustainable initiatives in cem
Updated : 2 years, 3 months ago IST
Adani highlighted the pivotal role played by Ambuja and ACC, both under the Adani Group umbrella, in spearheading a sustainable revolution within the cement sector.
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Competition Commission to launch market study on cement sector in India
Updated : 2 years, 4 months ago IST
The Competition Commission of India (CCI) is launching a pan-India market study on the cement sector, aiming to fact-find and develop a comprehensive understanding of the functioning of the cement market across regions in India, and the state of competition in the sector.
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TRS MLC K Kavitha urges Centre to roll back its decision to auction Adilab
Updated : 3 years, 10 months ago IST
Hyderabad (Telangana) [India], May 18 (ANI): Telangana Rashtra Samithi (TRS) MLC and former Nizamabad MP K Kavitha on Wednesday urged the Central Government to roll back its decision to auction the Adilabad Unit of Cement Corporation of India Limited (CCI) as it will affect the people of the
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