Cement Sector Demand

Cement shares in action: Heidelberg, UltraTech, Shree, Nuvoco zoom up to 4%

The renewed investor interest in the cement shares came on the back of reports that cement dealers have initiated price hikes since the start of December

Ambuja Cements Q2FY25 results: Net profit dips 42.5% to Rs 456 crore

Adani group-backed entity saw a marginal 1.2% Y-o-Y rise in its revenue to Rs 7,516 cr

There's upside potential in Cement sector as prices rise across regions

Analysts expect H2 to be better and infra spending to be hiked in the Budget; benign energy prices and demand improvement are other triggers

ACC reports net loss of Rs 87 cr for Sept qtr, revenue rises 6%

According to ACC, its EBITDA in the quarter 'stood at Rs 16 crore largely due to steep rise in fuel cost' as against Rs 712 crore earlier

UltraTech expansion plans suggest higher competition likely in cement biz

Other key players have also announced plans to significantly raise capacities

Indian cement makers' price hikes to support margins: Fitch Ratings

The recent price increases by India's cement companies will counter the higher energy costs: Fitch

Cement sector: If demand fails to pick up, stocks may come under pressure

Going ahead, raction in rural demand should continue in the back of good crop, normal monsoon, labour availability and government's welfare schemes

Improving profitability, low valuations offer comfort in UltraTech

Strong cost controls, lower diesel, petcoke and coal prices helped

UltraTech, Ramco Cements: Analysts see significant upside in cement stocks

Amid the gloomy GDP print; however, what is noteworthy is that the government spending rose sharply to 15.6 per cent during the quarter, as against 8.8 per cent in 1QFY20.

GST impact: Industry body sees cement sector demand picking up in H2FY18

It adds logistics cost would come down by 30% under the new regime