Kotak fund to invest in Sanghi
Kotak Special Situations Fund, the alternative investment arm managed by Kotak Investment Advisors Ltd, will invest ₹550 crore in cement maker Sanghi Industries Ltd from its $1 billion fund
Source: livemint.com
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Cement maker ACC net profit falls 60% to Rs 227 cr in June quarter
Total revenue from operations during the quarter under review was Rs 4,468.42 crore as against Rs 3,884.94 crore in the year-ago period.
Source: businesstoday.in
ACC Q1 net profit down 29.5% to Rs 396.33 cr; revenue up 3% to Rs 4,426.5 cr
ACC Q1 net profit down 29.5% to Rs 396.33 cr; revenue up 3% to Rs 4,426.5 cr
Source: freepressjournal.in
Zimbabwe and Rwanda lift PPC as SA home improvement boom wanes
Cement sales growth in SA have been more sedate in the year to end-March, but remain above pre-Covid-19 levels
Source: businesslive.co.za
Rwanda cement maker Cimerwa doubles net profit to $3.9m
Rwanda cement makers are also facing stiff competition for the DRC market from regional players.
Source: theeastafrican.co.ke