UltraTech says cement demand will continue to be robust
UltraTech's domestic sales grew 11%, with capacity utilisation of 98% in the fourth quarter of FY24
Source: moneycontrol.com
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Are cement stocks disconnected from reality?
The muted trend in cement prices has become a niggling worry. A meaningful improvement in demand and pricing is possible only in the second half of FY25. Why are stock prices surging then?
Source: livemint.com
Cement business growth will be through organic, inorganic routes: Kumar Mangalam Birla
The competition heated up in the Indian cement industry after Adani's take over of Ambuja Cement and ACC Ltd., which placed Adani in direct competition with UltraTech. Analysts expect the war for market share to continue and may lead to price wars even as new capacities are added.
Source: moneycontrol.com
Cement companies expect demand to remain robust, shrug off slowdown concerns
During Q3, UltraTech, ACC, Ambuja and Shree Cement saw their consolidated net profit soar on the back of healthy demand and lower costs.
Source: moneycontrol.com
Cement companies push the pedal on green energy
Biomass, municipal waste and pharma waste are among the alternatives that the industry is exploring to heat cement kilns.
Source: livemint.com