India Cements reported a wider quarterly loss on Tuesday, hurt by soft demand and still-weak prices of the construction material, and also took one-time impairment charges.
Brokerage firm Macquarie is bullish on the shares of the cement companies. It said the companies are expecting a recovery in ...
Dalmia Bharat's Q3 profit plummeted 75% YoY to ₹66 crore, driven by weak cement prices and demand, despite lower raw material ...
Rajesh Ravi, an Institutional Research Analyst at HDFC Securities, anticipates that Ambuja's volume growth will surpass ...
A bag of cement will be reduced by Rs. 100 due to the reduction of the prevailing CESS tax on cement, the Ministry of Finance ...
Cement companies face weak demand, lower earnings, and intense competition in the December quarter, impacting future growth ...
Labour Minister Yiannis Panayiotou has condemned the recent 5 per cent price increase announced by concrete manufacturers, ...
After a lull, trade cement prices at an all India-level are gradually climbing in the recent months. But the recovery in prices is not broad-based. The northern region saw the highest sequential ...