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Valuations of top cement makers in reverse gear

Monday 11th Jul 2011 142

Mumbai : Poor demand and pressure on margins correct stocks.

The valuations in the cement industry are under pressure again. Thanks to consistent poor growth in the demand scenario and erosion in....

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Cement prices down Rs 10-15 per bag, further cut likely

Saturday 9th Jul 2011 143

New Delhi : Already down by Rs 10-15 per 50 kg bag across the country, barring Mumbai, since the month's beginning, cement prices may come down further next month due to poor....

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SC verdict to boost Lafarge Surma Cement financials

Saturday 9th Jul 2011 139

Guwahati : The Supreme Court’s judgement allowing limestone mining in Meghalaya by Lafarge Umiam Mining Private Ltd (LUMPL) has injected a fresh lease of life into Bangladesh-based Lafarge Surma Cement Ltd....

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SC verdict to boost Lafarge Surma Cement financials

Friday 8th Jul 2011 141

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Rs 13,000 cr of cement projects deferred

Friday 8th Jul 2011 142

Kolkata : The ambitious expansion plans of cement manufacturers face deferral and some are running behind schedule. About Rs 13,000 crore of projects have been deferred, while no new clinker capacities....

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India's HDFC Ltd raises equity stake in Andhra Cements to 14.93%

Friday 8th Jul 2011 145

Mumbai : Indian mortgage lender Housing Development Finance Corporation Ltd (HDFC) has raised its equity stake in southern India-based cement manufacturer Andhra Cements Ltd by 3.21%, to take its total holding....

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MCL anticipates more capacity addition

Thursday 7th Jul 2011 139

Mumbai : Madras Cements Ltd (MCL) expects the prevailing surplus capacity situation to continue and prices to be under pressure in the southern region, through which its 90% sales are generated.....

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Century Textiles to complete cement expansion by March 2013

Thursday 7th Jul 2011 140

Sagardighi : Century Textiles and Industries Ltd 's Rs 2,000-crore upgradation and expansion programme to increase cement capacity is expected to complete by March, 2013, the company said in its annual....

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Century Textiles to complete cement expansion by March 2013

Wednesday 6th Jul 2011 143

Mumbai : Century Textiles and Industries's Rs 2,000-crore upgradation and expansion programme to increase cement capacity is expected to complete by March, 2013, the company said in its annual report for....

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Cement prices down Rs 10-15 per bag, further cut likely

Wednesday 6th Jul 2011 152

New Delhi : Already down by Rs 10-15 per 50 kg bag across the country, barring Mumbai, since the month's beginning, cement prices may come down further next month due to poor....

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