Search result for 'india cements'

Torrent Group Acquires Gujarat Titans IPL Franchise

March 17, 2025 18:59

Torrent Group completes acquisition of a majority stake in IPL franchise Gujarat Titans, marking its entry into the Indian sports sector. The deal includes CVC retaining a minority stake.

Irish Ministerial Delegation to Visit India for Trade & Education

March 12, 2025 19:01

Ireland's Minister for Education, James Lawless, leads a delegation to India for trade and educational collaboration, aiming to strengthen bilateral ties. The visit focuses on research, student...

Cement Prices Fall 7% in FY25: Ind-Ra

March 4, 2025 18:17

Cement prices declined 7% year-on-year in April-January FY25 due to weak demand and increased competition, according to Ind-Ra. Despite sequential price increases, large capacity additions are...

Cement Makers Expect Growth Driven by Infrastructure Spending

February 1, 2025 19:15

Cement manufacturers welcome the Union Budget 2025-26, expecting increased spending on housing and infrastructure projects to boost demand and allow capacity expansion.

UltraTech Cement Q3 Profit: Rs 1,473.51 cr

January 23, 2025 15:28

UltraTech Cement reports Q3 profit of Rs 1,473.51 cr, down from Rs 1,774.78 cr in the same period last year. Revenue from operations stood at Rs 17,193.33 cr.

India Cements Q3 Profit: Rs 116.52 cr | Sales of Investments Boost

January 21, 2025 19:59

India Cements reported a net profit of Rs 116.52 crore in Q3 FY25, driven by sale of investments. Revenue stood at Rs 940.81 crore, while expenses were higher at Rs 1,259.53 crore.

Trump Factor, Global Economy & India's Rise: Birla's Outlook

January 20, 2025 16:19

Kumar Mangalam Birla discusses the Trump factor's impact on global dynamics and India's growing role in manufacturing, outlining a future shaped by connection and unity.

Lower GST on Cement to Boost Demand: JK Lakshmi

January 5, 2025 14:44

JK Lakshmi Cement urges government to reduce GST on cement to 18% and implement policies to boost demand. The company is investing Rs 500 crore in Bihar to set up a new manufacturing plant.

UltraTech Appoints New CEO & CFO for India Cements

January 1, 2025 11:51

UltraTech has appointed Suresh Vasant Patil as CEO and Krishnagopal Ladsaria as CFO for its newly acquired subsidiary, India Cements. The appointments take effect from Wednesday.

Corporate India in 2024: Mergers, Farewells, and Controversies

January 1, 2025 11:05

2024 was a year of significant events for Indian corporations, marked by mergers, acquisitions, farewells, and controversies. Explore the key developments that shaped the year.

Tamil Nadu Aims for USD 1 Trillion Economy by 2030

December 29, 2024 08:43

Tamil Nadu government secured big ticket investments and rolled out sector-specific policies in 2024 to achieve its USD 1 trillion economy dream by 2030. The state''s Global Investors Meet (GIM)...

UltraTech Acquires 8.69% Stake in Star Cement for Rs 851 Crore

December 27, 2024 10:09

UltraTech Cement has acquired an 8.69% stake in Star Cement, a Meghalaya-based cement producer, for up to Rs 851 crore. The deal strengthens UltraTech's presence in the north-eastern India market.

UltraTech Completes India Cements Acquisition, N Srinivasan Steps Down

December 25, 2024 19:03

UltraTech Cement completes acquisition of India Cements, taking majority stake. N Srinivasan and other promoters step down from the board. The deal expands UltraTech's footprint in the southern...

Cement Industry Eyes Growth in 2025

December 25, 2024 13:50

India's cement industry expects growth in 2025 driven by government spending on infrastructure and housing projects, despite consolidation and acquisitions in 2024.

India Cements Shares Surge 8% After UltraTech Acquisition Approval

December 23, 2024 16:45

India Cements shares closed 8% higher on Monday after the Competition Commission of India (CCI) cleared UltraTech Cement's acquisition of a majority stake in the firm.

India Cements Shares Surge 11% After UltraTech Acquisition

December 23, 2024 11:30

Shares of India Cements surged 11% after the Competition Commission of India (CCI) approved UltraTech Cement's acquisition of a majority stake in the company.

UltraTech Cement Acquires Majority Stake in India Cements: CCI Approval

December 20, 2024 18:54

UltraTech Cement has received CCI approval to acquire a majority stake in India Cements, expanding its footprint in the southern cement market. The deal includes a 32.72% stake acquisition and a...

UltraTech Cement Receives CCI Notice Over India Cements Acquisition

December 7, 2024 15:16

UltraTech Cement has received a notice from the Competition Commission of India (CCI) regarding its proposed acquisition of India Cements Ltd. The acquisition aims to expand UltraTech's footprint...

NSE & Meghalaya Govt Partner for Skill Building Program

November 28, 2024 16:15

NSE collaborates with Meghalaya govt. to launch a skill development program for youth in the BFSI sector, aiming to enhance employability and self-employment opportunities.

India Cements Q2 Loss Widens to Rs 339 Cr - UltraTech Acquisition

November 8, 2024 14:43

India Cements reports a widened net loss of Rs 339.13 crore in Q2 FY25, with revenue down 18.4%. UltraTech Cement is set to acquire a majority stake in the company.

Adani Cement Aims for 140 MTPA Capacity by FY28

October 28, 2024 20:34

Adani Cement CEO highlights increased capex and acquisition strategy to achieve targeted growth ahead of schedule, aiming for 140 MTPA capacity by FY28.

UltraTech Raises USD 500 Million for Sustainability Goals

August 26, 2024 20:38

UltraTech Cement secures USD 500 million sustainability-linked loan from six banks to fund ESG goals and achieve carbon neutrality by 2050.

Aditya Birla Group Sees Growth in Building Materials Business

August 20, 2024 17:54

Aditya Birla Group expects significant growth in its building materials business driven by India's housing and infrastructure boom. Cement and decorative paints are key segments for the group.

UltraTech to Reach 200 MTPA Capacity by FY27: Birla

August 14, 2024 19:58

UltraTech Cement aims to surpass 200 MTPA capacity by FY27 through acquisitions and expansions, as announced by Chairman Kumar Mangalam Birla.

Cement Companies Report Volume Growth, Revenue Muted

August 11, 2024 16:20

Leading cement manufacturers saw single-digit volume growth in June quarter, but revenue remained muted due to lower prices. Read about UltraTech, Ambuja, ACC, Shree Cement, Dalmia Bharat.

UltraTech Cement Open Offer for ICL Starts Sept 19

August 9, 2024 19:42

UltraTech Cement's open offer to acquire 26% stake in India Cements Ltd (ICL) will open on September 19th, offering 8.05 crore shares at Rs 390 each. The offer follows UltraTech's recent...

India Cements Reports Rs 58.47 Cr Profit Despite Revenue Decline

August 9, 2024 17:38

India Cements Ltd reported a net profit of Rs 58.47 crore in the June quarter despite a 28.5% revenue decline due to low capacity utilization and liquidity crunch. The company's revenue from...

India Cement Demand to Rise 7-8% in FY25: UltraTech

August 4, 2024 12:59

UltraTech forecasts 7-8% growth in India's cement demand in FY25, driven by increased construction activity. The industry is expected to add 35-40 million tonne capacity, with focus on eastern and...

India Cements Employees Assured of Job Security After UltraTech Takeover

July 29, 2024 21:26

India Cements Vice Chairman and MD N Srinivasan has assured employees that there will be no change in their careers despite the company's acquisition by UltraTech Cement.

Societe Generale Sells India Cements Stake for Rs 78 cr

July 29, 2024 20:39

Societe Generale has divested its 0.67% stake in India Cements for Rs 78 crore. The deal comes as UltraTech Cement acquires a majority stake in the company.

Sensex, Nifty Flat Ahead of US Fed Rate Decision

July 29, 2024 17:11

Indian stock indices Sensex and Nifty closed flat despite hitting record highs, influenced by profit-taking in FMCG and IT sectors ahead of the US Fed's interest rate decision. The US Fed's...

UltraTech to Keep India Cements Listed After Acquisition

July 29, 2024 14:31

UltraTech Cement has confirmed that India Cements will remain a listed entity following its acquisition of a 32.72% stake. The open offer price is Rs 390 per share, and UltraTech intends to acquire...

UltraTech Acquires 32.72% Stake in India Cements for Rs 3,954 Cr

July 28, 2024 13:49

UltraTech Cement to acquire an additional 32.72% stake in India Cements Ltd for Rs 3,954 crore, increasing its stake to over 55%. The deal will trigger an open offer for public shareholders.

BSE Market Cap Hits Record High of Rs 438.41 Lakh Cr

June 27, 2024 17:48

BSE-listed companies's market capitalisation reached a new peak of Rs 438.41 lakh crore, driven by strong equity rally and Sensex crossing 79,000.

Sensex Breaches 79,000, Nifty Hits 24,000 Peak

June 27, 2024 17:02

Sensex and Nifty hit record highs on Thursday, driven by gains in blue-chip stocks like Infosys, Reliance, and TCS. Learn more about the market rally.

India Cements Shares Surge 11% on UltraTech Investment

June 27, 2024 16:29

Shares of India Cements jumped over 11% after UltraTech Cement announced a 23% stake acquisition for up to Rs 1,885 crore. UltraTech's shares also rose over 5%.

Sensex Breaches 79,000, Nifty Hits 24,000 High

June 27, 2024 16:04

Indian stock markets soar to new highs with Sensex breaching 79,000 and Nifty scaling 24,000, driven by gains in Infosys, Reliance, and TCS.

India Cements Shares Surge 14% on UltraTech Investment

June 27, 2024 11:26

India Cements shares jumped nearly 14% after UltraTech Cement announced plans to acquire a 23% stake in the Chennai-based company for up to Rs 1,885 crore. UltraTech Cement shares also rose over 6%...

UltraTech Cement Acquires 23% Stake in India Cements

June 27, 2024 10:24

UltraTech Cement will acquire a 23% stake in India Cements Ltd for up to Rs 1,885 crore, representing a significant investment in the Indian cement market.

Penna Cement buy to help reach 140 MTPA target capacity; focus on brownfield expansion: Adani Grp

June 14, 2024 18:38

Adani Group acquires Penna Cement for Rs 10,422 crore, boosting its presence in Southern India and Sri Lanka. The acquisition will help the group reach its 140 MTPA target capacity.

India Cements Narrows Q4 Loss to Rs 50.06 Crore

May 20, 2024 13:25

India Cements Ltd reported a narrowed net loss of Rs 50.06 crore in Q4 FY24, driven by improved sales volume despite lower revenue. The company expects a healthy demand outlook for cement in the...

UltraTech Cement Acquires Grinding Unit, Expands Capacity

April 21, 2024 10:47

UltraTech Cement acquires a grinding unit from India Cements for Rs 315 crore and announces a Rs 504 crore expansion. The company will strengthen its presence in Maharashtra.

DPIIT Holds Cement Industry Meet on Production Data Collection

February 9, 2024 21:22

The Department for Promotion of Industry and Internal Trade (DPIIT) held a meeting with cement industry representatives to discuss a mechanism for collecting production data to ensure 100% coverage.

ED Raids India Cements Offices in FEMA Probe - PTI

February 1, 2024 18:20

The Enforcement Directorate (ED) has conducted searches at the offices of India Cements Ltd. in Chennai and Delhi, as part of a probe into alleged foreign exchange violations.

India Cements Reports Q3 Loss of Rs 7 cr | Business News

February 1, 2024 17:56

India Cements Ltd. reported a consolidated net loss of Rs 6.58 crore for the third quarter ended December 2023, citing stressed working capital conditions and lower capacity utilization.

Shree Cement Q3 Profit Surges 2x to Rs 701.85 Cr

January 31, 2024 18:03

Shree Cement's net profit for Q3 FY24 jumped over two-fold to Rs 701.85 crore, driven by strong demand and cost reduction. Revenue also rose 21.5% YoY.

Kaspersky & IIT Delhi Partner for Cybersecurity Talent Development

December 7, 2023 19:33

Kaspersky and IIT Delhi have partnered to develop cybersecurity talent in India through joint research, educational initiatives, and training programs.

Adani Group Completes Sanghi Industries Acquisition: Revised Offer Price at Rs 121.90/share

December 5, 2023 14:49

Adani Group's Ambuja Cements completes the acquisition of Sanghi Industries at a revised offer price of Rs 121.90/share, increasing ACL's production capacity to 74.6 MTPA.

India Cements Appoints V M Mohan as Additional Director

November 2, 2023 18:10

The Board of The India Cements Ltd has appointed V M Mohan as its additional Non-executive Non-Independent Director. Mohan, a chartered accountant with over 4 decades of experience, previously...

India Cements Q2 Loss Narrows, Revenue Dips | Stock Down 4.56%

November 1, 2023 19:17

India Cements reported a narrowed Q2 loss of Rs 85.54 crore, with revenue dipping 4.7% to Rs 1,264.39 crore. The company attributes the loss to reduced selling prices and volume. Read more.

India Cements Q2 Loss: Rs 81.39 Cr | Standalone Net Loss

November 1, 2023 15:41

India Cements Ltd reports a standalone net loss of Rs 81.39 crore for Q2 FY24, down from Rs 137.58 crore in the same period last year. Read more.

Company Name
Price
Volume

Vodafone Idea L
8.10 (+ 18.94)
352105814

GTL Infrastructure
1.50 (+ 7.14)
20982285

G G Engineering
0.90 (+ 11.11)
20091512

AvanceTechnologies
0.54 ( -8.47)
18780688

YES Bank Ltd.
17.33 (+ 2.61)
14468025

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Search result for 'india cements'

Torrent Group Acquires Gujarat Titans IPL Franchise

Irish Ministerial Delegation to Visit India for Trade & Education

Cement Prices Fall 7% in FY25: Ind-Ra

Cement Makers Expect Growth Driven by Infrastructure Spending

UltraTech Cement Q3 Profit: Rs 1,473.51 cr

India Cements Q3 Profit: Rs 116.52 cr | Sales of Investments Boost

Trump Factor, Global Economy & India's Rise: Birla's Outlook

Lower GST on Cement to Boost Demand: JK Lakshmi

UltraTech Appoints New CEO & CFO for India Cements

Corporate India in 2024: Mergers, Farewells, and Controversies

Tamil Nadu Aims for USD 1 Trillion Economy by 2030

UltraTech Acquires 8.69% Stake in Star Cement for Rs 851 Crore

UltraTech Completes India Cements Acquisition, N Srinivasan Steps Down

Cement Industry Eyes Growth in 2025

India Cements Shares Surge 8% After UltraTech Acquisition Approval

India Cements Shares Surge 11% After UltraTech Acquisition

UltraTech Cement Acquires Majority Stake in India Cements: CCI Approval

UltraTech Cement Receives CCI Notice Over India Cements Acquisition

NSE & Meghalaya Govt Partner for Skill Building Program

India Cements Q2 Loss Widens to Rs 339 Cr - UltraTech Acquisition

Adani Cement Aims for 140 MTPA Capacity by FY28

UltraTech Raises USD 500 Million for Sustainability Goals

Aditya Birla Group Sees Growth in Building Materials Business

UltraTech to Reach 200 MTPA Capacity by FY27: Birla

Cement Companies Report Volume Growth, Revenue Muted

UltraTech Cement Open Offer for ICL Starts Sept 19

India Cements Reports Rs 58.47 Cr Profit Despite Revenue Decline

India Cement Demand to Rise 7-8% in FY25: UltraTech

India Cements Employees Assured of Job Security After UltraTech Takeover

Societe Generale Sells India Cements Stake for Rs 78 cr

Sensex, Nifty Flat Ahead of US Fed Rate Decision

UltraTech to Keep India Cements Listed After Acquisition

UltraTech Acquires 32.72% Stake in India Cements for Rs 3,954 Cr

BSE Market Cap Hits Record High of Rs 438.41 Lakh Cr

Sensex Breaches 79,000, Nifty Hits 24,000 Peak

India Cements Shares Surge 11% on UltraTech Investment

Sensex Breaches 79,000, Nifty Hits 24,000 High

India Cements Shares Surge 14% on UltraTech Investment

UltraTech Cement Acquires 23% Stake in India Cements

Penna Cement buy to help reach 140 MTPA target capacity; focus on brownfield expansion: Adani Grp

India Cements Narrows Q4 Loss to Rs 50.06 Crore

UltraTech Cement Acquires Grinding Unit, Expands Capacity

DPIIT Holds Cement Industry Meet on Production Data Collection

ED Raids India Cements Offices in FEMA Probe - PTI

India Cements Reports Q3 Loss of Rs 7 cr | Business News

Shree Cement Q3 Profit Surges 2x to Rs 701.85 Cr

Kaspersky & IIT Delhi Partner for Cybersecurity Talent Development

Adani Group Completes Sanghi Industries Acquisition: Revised Offer Price at Rs 121.90/share

India Cements Appoints V M Mohan as Additional Director

India Cements Q2 Loss Narrows, Revenue Dips | Stock Down 4.56%

India Cements Q2 Loss: Rs 81.39 Cr | Standalone Net Loss

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