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Sensex drops 4% in six days on earnings growth worries

Tuesday 2nd Aug 2011 141

New Delhi : Weak global stocks dragged Indian shares to 5-1/2-week closing lows. The BSE Sensex was down 204.44 points or 1.12%, up close to 70 points from the day's low and....

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Cement industry may post double-digit growth

Tuesday 2nd Aug 2011 139

Mumbai : Strong sales from ACC, Ambuja and UltraTech is likely to push the cement sector back to double-digit growth. Going by the strong sales figures of top companies, industry analysts....

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Jaiprakash clocks 18% growth in July cement sales

Monday 1st Aug 2011 139

New Delhi : Infrastructure major Jaiprakash Associates today reported an 18% growth in its July cement sales at 14.47 lakh tonne against 12.21 lakh tonne in the same month last year. During the....

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Shree Cement Q1 net dips 48% to Rs 55 cr

Monday 1st Aug 2011 140

New Delhi : Shree Cement today reported over 48% dip in its first quarter net profit at Rs 55 crore, mainly on account of higher power and freight costs. The company, which predominatly....

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ACC, Ambuja post higher sales despite monsoon

Monday 1st Aug 2011 140

Mumbai : Despite monsoon, leading cement companies have reported higher sales in July, with ACC reporting over 28% rise and Ambuja recording more than 14% growth year-on-year. Leading cement maker ACC said....

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CemWeek never sleeps: India Cement & Construction Materials magazine

Sunday 31st Jul 2011 139

New Delhi : Because we like to lead, CemWeek is breaking new ground with a full-feature magazine dedicated to the Indian cement industry. Reaching thousands of professionals in the Indian cement sector,....

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Study on poll funds says cement sales linked to elections

Monday 1st Aug 2011 143

New Delhi : Cement consumption in India is related to the electoral cycle. There is a significant drop in cement purchase during the four-week campaign period prior to election day, especially in....

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Auto, cement stocks will be on investors' radar ahead of July sales

Monday 1st Aug 2011 140

New Delhi : Shares of auto and cement companies will be in focus as companies from these two sectors announce July 2011 monthly sales volumes figures. State-owned oil marketing companies hiked jet fuel,....

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Profit growth falls to a 30-month low in the June quarter

Monday 1st Aug 2011 190

Mumbai : Corporate profitability has hit a two-and-a-half-year low in the June quarter due to rising commodity prices and interest rates which crunched profit margins.

Aggregate net profit margin of the 739....

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India's eight core industries grow by 5.2% in June 2011

Friday 29th Jul 2011 142

New Delhi : India's eight core industries grew by 5.2 per cent in June 2011 as compared to a growth of 4.4 per cent registered in the same month of last year,....

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