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cement stocks to buy: IT may remain under pressure for next 3-6 months; 3 large & midcap cement picks: Siddhartha Khemka

Siddhartha Khemka anticipates short-term pain in IT but remains positive on the market outlook. As some of the larger sectors like banking, auto, cement, capital goods continue to report strong numbers, the market could continue to see an uptick. Metal sector momentum driven by global factors. A weak Q4 is expected for metals. Market focuses on select themes amidst recovery hopes post-monsoon.

India , China , Dalmia-bharat , Retail-research , Offering-college , Infosys , Accenture , Cipla , Siddhartha-khemka , Head-retail-research , Leadership-excellence , Might-also-like

ACC records four-fold jump in Q4 PAT to Rs 945 cr

ACC records four-fold jump in Q4 PAT to Rs 945 cr
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India , Ajay-kapur , Adani-cement ,

Adani Group targets 20% share in Indian cement market by FY28

Adani Group targets 20% share in Indian cement market by FY28
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India , Switzerland , Sanghi , Haryana , Swiss , Aditya-birla , Twitter , Facebook , Adani-group , Group-synergies , Sanghi-industries-ltd , Linkedin

Adani Group targets 20% share in Indian cement market by FY28

Gautam Adani-led Adani group, which owns Ambuja Cements and ACC Ltd, is targeting to capture around one-fifth of the Indian cement market by FY28. Adani Cement business will implement its accelerated capex program through internal accruals and the business will continue to "remain debt free," said an investor presentation shared by Ambuja Cements.

India , Switzerland , Sanghi , Haryana , Swiss , Aditya-birla , Group-synergies , Adani-group , Sanghi-industries-ltd , Gautam-adani-led , Ambuja-cements , Adani-cement

Adani Group targets 20% share in India's cement market, 16% capacity expansion by FY28

Adani Cement also amplifies the pace of capacity expansion and is expected to have an accelerated growth rate of 16 per cent to reach 140 MTPA (million tonnes per annum) by FY2028

Switzerland , Sanghi , Haryana , India , Swiss , Aditya-birla , Sanghi-industries-ltd , Group-synergies , Adani-group , Adani-cement , Sanghi-industries , Fly-ash

Adani Group aims to capture 20% share in Indian cement market by FY28

At present, Adani Cement is the second leading company in the sector after the Aditya Birla group firm UltraTech Cements. Ambuja, with its subsidiaries ACC Ltd, has the capacity to produce 77.4 million tonnes of cement annually.

Sanghi , Haryana , India , Aditya-birla , Adani-group , Group-synergies , Switzerland-holcim-group , Sanghi-industries-ltd , Ambuja-cements , Adani-cement , Holcim-group , Sanghi-industries

cement prices: Metal and cement stocks are looking strong. What should you do now?

Rakesh Arora explains the cement sector's rebound after price cuts driven by market share battles. He predicts limited sustainability in price hikes due to aggressive volume pushes by top players like UltraTech and Adani Cement. Arora further says that while commodities will have an uptick, it is not going to be a full-blown bull cycle.

Kozhikode , Kerala , India , China , Rakesh-arora , Indian-school-of-business , Offering-college , Managing-partner , South-india , East-india , Leadership-excellence , Product-officer

UltraTech surpasses 150 million tonne of production capacity

The countrys largest producer of cement can now produce as much as 150% of cement produced in US, while equaling four-fifth of the total production of cement in Europe.

Jhanwar , Rajasthan , India , Tamil-nadu , Mumbai , Maharashtra , Uttarakhand , Uttaranchal , Roorkee , Chhattisgarh , Kumar-birla , Kumar-mangalam-birla

Adani Cements: Adani cements its Ambuja stake with₹6,661 cr infusion

The Adani family has invested ₹6,661 crore in Ambuja Cements, increasing its stake to 66.7%. This marks the second fund infusion since late-2022, when ₹5,000 crore was invested through warrants. The total investment of ₹11,661 crore aims to enhance capital flexibility for growth and strategic initiatives. Adani Cement, comprising ACC and Ambuja Cements, targets a production capacity of 140 million tonnes by 2028. The funds will support capacity expansion, operational efficiency, and strategic initiatives, including resource optimization and supply chain enhancements.

Ajay-kapur , Standard-chartered-bank , Barclays-bank , Ambuja-cements , Harmonia-trade , Adani-cement , Adani-cements , Stake , Production , Fund-infusion , Cement-company , Holcim