Mumbai: Adani Cements’ recent purchase of Penna Cement will help reduce its logistics costs by increasing the use of sea routes for transportation, according to CFO Vinod Bahety. Curr… Read More
Mumbai: The recent purchase of Penna Cement by Adani Cements is set to reduce logistics costs significantly, according to the company’s Chief Financial Officer, Vinod Bahety. The deal… Read More
Adani Group’s $3 Billion Cement Acquisition Plan: A Strategic Move to Dominate India’s Cement Industry
In a move to strengthen its presence in the cement industry, the Adani G… Read More
The Midcap index underperformed the Nifty 50, with the Nifty Midcap 50 closing 0.3% down. On the other hand, small cap stocks outperformed the Nifty 50, with the Nifty Small Cap 100 ending… Read More
Mumbai : UltraTech Cement Limited, India’s largest cement and ready-mix concrete (RMC) company, announced today that it has conserved 105 million cubic meters of water in FY… Read More
UltraTech Cement Limited achieved five times water positivity through extensive water management efforts within its premises and surrounding communities Read More
The Dubai concrete and concrete products market size is projected to reach US$ 5.13 billion by 2031 from US$ 2.85 billion in 2023. The market is expected to register a CAGR of approximately… Read More
Aditya Birla Group’s market value has surpassed $100 billion after rising 11.42% in 2024, outperforming both the Sensex and Nifty.
The successful Rs 18,000-crore follow-on public… Read More
The combined market capitalization of the companies under the Aditya Birla Group has successfully exceeded the $100 billion mark.
This financial milestone was achieved on Friday, with a t… Read More
The benchmark Sensex index jumped 1,115 points (over 1 percent) during the day, reclaiming the 75,000 mark and hitting a record high of 75,336.44. This surge was driven by better… Read More
Manjushree Khaitan, the chairperson of Kesoram Industries and the younger daughter of the renowned industrialist Basant Kumar Birla, passed away at 69 years old. She breathed her last at her… Read More
One main ingredient for business growth is marketing. With internet users increasing yearly, brands have increased their digital marketing spending to reach more consumers. In such a sc… Read More
Tata Chemicals: The Tata group company reported a net loss of ₹850 crore for the quarter ending March FY24, a significant shift from the profit of ₹709 crore it made in the same… Read More
Top Events of the Day: PM Modi will address a rally in Pune at the Race Course. Mahindra & Mahindra to launch its Mahindra XUV 3XO. Meanwhile, SC will hear the West Bengal gover… Read More
Xavier Institute of Management (XIM Bhubaneswar) successfully completed 100% Summer Internship Placements (SIP) for its 37th Batch of MBA Human Resource Management (MBA HRM) batch 2023-25.
X… Read More
Ultratech To Acquire India Cements’ Unit In A 315 Cr Deal
By: Geetanjali
Aditya Birla Group’s subsidiary Ultratech Cements is all set to acquire India Cements cement grinding uni… Read More
New Delhi, April 22 (IANS) Financials led the market rally on Monday with the BSE Sensex gaining more than 500 points. Axis Bank, Bajaj Finance, SBI led the Sensex rally with gains of more t… Read More
In the uncertain and risky world of the stock market, identifying investment opportunities that can give you multi-bagger returns is comparatively more difficult than other investment opport… Read More
Adani’s Invested Rs.8,339 Cr. In Ambuja Cement
By: Geetanjali
Adani Family’s shareholding in Adani Group owned Ambuja Cement has increased from 66.7 percent to 70.3 percent after… Read More
Introduction
The India Oil Well Cement Market stands as a vital component of the nation’s infrastructure development, intrinsically linked to the growth of the oil and gas industry… Read More
Ambuja Cement Acquired My Home Group’s 1.5 MTPA Cement Grinding Unit
By: Geetanjali
Adani Group owned Ambuja Cement has entered into a definitive agreement with My Home Industries Priv… Read More
Mumbai, April 16 (IANS) – The BSE Sensex is facing a significant dip of over 300 points on Tuesday amid ongoing geopolitical tensions, with the index currently at 73,040 points and dow… Read More
The shares of the leading grey cement manufacturer gained up to 0.7 percent after Sharekhan, a well-known brokerage recommended a ‘Buy’ rating.
With a market capitalizat… Read More
For investors in the Indian stock market, there is some good news. On April 8th, the National Stock Exchange (NSE) launched four new indices. These new indices will help investors track var… Read More
UltraTech Cement, a company within the Aditya Birla Group, has announced its commitment of ₹32,400 crore for capital expenditure (capex) over the forthcoming three years as a component… Read More
The shares of India’s largest cement manufacturer with a market share of over 23 percent jumped upto 2 percent in the day’s trade following the commissioning of two greenfield pr… Read More
On Wednesday, the National Stock Exchange (NSE) unveiled four new indices for both the cash and futures and options segments, starting April 8.
The NSE has announced its intention to make… Read More
The “Bulk Cement – Market Development Outlook ” Study has been added to the HTF MI repository. The study envisages detailed qualitative as well as quantitative market… Read More
India’s top cement maker, UltraTech Cement, faces a hefty bill of Rs 21.13 crore from the Chhattisgarh government for failing to meet minimum production requirements. The demand order… Read More
White Cement Market Outlook
The global white cement market is witnessing steady growth, driven by increasing construction activities, rising disposable incomes, and growing preference for… Read More
Share prices of a small-cap stock moved up by nearly 0.083 percent to Rs. 9,686.8 on NSE in the trading session of Tuesday, compared to the previous closing price of Rs. 9,681.75, after the… Read More
The 24th edition of the EMVIES, powered by TV9 Network, co-powered by The Times of India, in association with UltraTech Cement Ltd, and category sponsors Craving Dig… Read More
The 24th edition of the coveted EMVIES, powered by TV9 Network, co-powered by The Times of India, in association with UltraTech Cement Ltd, and category sponsors Cra… Read More
UltraTech Cement is currently trading at Rs. 9470.00, up by 14.00 points or 0.15% from its previous closing of Rs. 9456.00 on the BSE.
Ultratech CementThe scrip opened at Rs. 9465.65 and has… Read More
New Delhi, March 19 (IANS) The Competition Commission of India (CCI) on Tuesday approved the acquisition of Kesoram Cement Business by UltraTech Cement Limited from Kesoram Industries Limite… Read More
The India Residential White Cement Market is witnessing remarkable growth, driven by the increasing demand for aesthetically pleasing and durable construction materials. According to a recen… Read More
Election Commission of India’s data revealed on Thursday that BJP received the highest sum among all political parties through electoral bonds scheme. Mamata Banerjee led Trinamool Con… Read More
FROM steel tycoon Lakshmi Mittal to billionaire Sunil Bharti Mittal’s Airtel, Anil Agarwal’s Vedanta, ITC, Mahindra and Mahindra, and a lesser-known Future Gaming and Hotel Servi… Read More
[Research Report] The industrial concrete flooring market size is expected to grow from US$ 40,784.59 million in 2022 to US$ 61,442.69 million by 2030; it is estimated to register a CAG… Read More
The green cement market size is poised to grow by $ 1,046.76 million by 2033 from $ 620.41 million in 2023, exhibiting a CAGR of 5.37% during the forecast period 2024-2033.
Key Takeaw… Read More
India stands proudly as the second-largest producer of cement globally, boasting over 8% of the global installed capacity. With a surge in infrastructure development anticipated in the comin… Read More
Jefferies’ 26 ‘Buy’ Ideas for Indian Markets
Introduction
Jefferies has listed 26 top ‘Buy’ Ideas for Indian Markets, emphasizing the reasons behind their… Read More
The Singapore government has strategically increased its stake in Indian equity, signalling confidence in the economic development and investment potential of India.
According to th… Read More
Specialist in Precision Controlled Metal Heat Treatment Services. Heat Treatment, Hardening, Annealing, Normalizing, Tempering located in Rabale, Navi Mumbai. Near Ultratech Cement. Pratham… Read More
ACC, Ambuja, JK Cement
top picks of Nuvama post Q3 result
Introduction
The presentation for concrete makers as UltraTech Concrete and others was lifted by ascend in Concrete costs… Read More
The India Green Cement Market is poised for robust growth, driven by government initiatives, increasing consumer awareness, and growing demand for sustainable construction materials. Accordi… Read More
India ranks as the world’s second-largest cement producer and contributes over 7% to the global installed capacity. According to the latest report, from FY12 to FY23, India experienced… Read More
General Elections 2024 Stock Picks: IRCTC, SBI among top 10 picks for this season; to offer 10-20% potential upside
Introduction
In the current market situation, Shriram Way2Wealth has… Read More
ProjectHero: The Platform for Empowering Contractors in India’s Construction Industry – The construction industry is one of the largest and most important sectors in India, contr… Read More
Aditya Birla Group’s flagship company, which operates in a variety of industries including cement to financial services, jumped 6% in the day’s trading after releasing its Q3FY24… Read More