Business Standard

Cement Stocks

Despite denying Ambuja's acquisition, Star Cement soars 26% so far in Dec

To fuel India's growth, Ambuja Cements has initiated capacity expansion projects of 20 MTPA, spanning every region of the country, over FY 2025-26

Despite denying Ambuja's acquisition, Star Cement soars 26% so far in Dec
Updated On : 13 Dec 2024 | 2:48 PM IST

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

Cement shares in action: Heidelberg, UltraTech, Shree, Nuvoco zoom up to 4%
Updated On : 11 Dec 2024 | 11:04 AM IST

Cement shares in demand; UltraTech, Shree, JK, Dalmia Bharat gain up to 5%

While FY25 is seeing slow growth and subdued govt spending, CareEdge maintains a long-term outlook aligned with India's broader growth strategy with housing, continuing to be primary driver of cement.

Cement shares in demand; UltraTech, Shree, JK, Dalmia Bharat gain up to 5%
Updated On : 02 Dec 2024 | 11:56 AM IST

Shree Cement hits 52-week low, down 4% on disappointing Q2 results

The company expects gradual improvement in demand driven by increased government spending in the 2nd half of the fiscal and improved demand from urban and rural segments owing to good monsoon

Shree Cement hits 52-week low, down 4% on disappointing Q2 results
Updated On : 12 Nov 2024 | 1:44 PM IST

UltraTech Cement rallies 3% in range-bound market on strong outlook

The management believe that new infrastructure project orders will start gaining momentum, although it has been a subdued start from Q1 and during the reported quarter.

UltraTech Cement rallies 3% in range-bound market on strong outlook
Updated On : 24 Oct 2024 | 3:22 PM IST

Cement shares in focus as Ambuja to buy Orient; trading strategy here

Barring HeidelbergCement most of the cement stocks look technically weak on the charts; Ambuja Cements is on the verge of seeing a 'Death Cross' formation on the daily chart.

Cement shares in focus as Ambuja to buy Orient; trading strategy here
Updated On : 22 Oct 2024 | 11:51 AM IST

UltraTech Cement up 2% as co eyes 7-8% growth in future; brokerages vary

UltraTech Cement's consolidated profit dropped 36 per cent year-on-year (Y-o-Y) to Rs 825 crore in the September quarter of FY25, from Rs 1,280 crore in the September quarter of FY24.

UltraTech Cement up 2% as co eyes 7-8% growth in future; brokerages vary
Updated On : 22 Oct 2024 | 10:18 AM IST

UltraTech shares muted ahead of Q2 results; Revenue to fall, say analysts

Analysts tracking the cement sector say that subdued economic activity in the first quarter is likely to weigh on sector leader UltraTech Cement's numbers, which reports its Q2 results today

UltraTech shares muted ahead of Q2 results; Revenue to fall, say analysts
Updated On : 21 Oct 2024 | 12:20 PM IST

Street positive on cement stocks despite pricing pressures, demand woes

Many analysts still remain positive about the sector's prospects, but most cement stocks have seen corrections in the last three months

Street positive on cement stocks despite pricing pressures, demand woes
Updated On : 02 Sep 2024 | 10:59 PM IST

After monsoon lull, price pressure, are cement stocks worth buying?

Shares of cement companies have slid up to 19 per cent in the last four weeks on the NSE, against a 1.06 per cent jump in the benchmark Nifty50

After monsoon lull, price pressure, are cement stocks worth buying?
Updated On : 23 Aug 2024 | 10:46 PM IST

Ambuja Cements share jump over 4% after multiple block deals

Adani family was likely to sell around 3 per cent stake in Ambuja Cements via block deals

Ambuja Cements share jump over 4% after multiple block deals
Updated On : 23 Aug 2024 | 10:52 AM IST

Shree Cement extends fall; stock down 13% in 6 days post weak Q1 results

Management indicated that cement demand would remain weak until calendar year 2024-end and expects a full recovery from Q4FY25, brokerage firm MOFSL said.

Shree Cement extends fall; stock down 13% in 6 days post weak Q1 results
Updated On : 08 Aug 2024 | 10:42 AM IST

This cement stock has almost doubled from June low; trades at new high

India Cements stock hit a new high of Rs 343.85, surging 6% in an otherwise volatile market. The stock has zoomed 50% since June 25.

This cement stock has almost doubled from June low; trades at new high
Updated On : 18 Jul 2024 | 12:26 PM IST

Cement shares in demand; India Cements, Orient, JK Lakshmi rally up to 14%

After Lok Sabha Elections and Assembly elections in some States, the centre and States are expected to retain their focus on development agenda, India Cements had said on sector outlook.

Cement shares in demand; India Cements, Orient, JK Lakshmi rally up to 14%
Updated On : 26 Jun 2024 | 11:16 AM IST

Small-sized cement shares in focus; Sanghi, NCL, Saurashtra rally up to 11%

As per media reports, Adani Group was evaluating multiple cement companies like Penna Cement, Saurashtra Cement, JP Associates' cement business & Vadraj Cement for acquisition.

Small-sized cement shares in focus; Sanghi, NCL, Saurashtra rally up to 11%
Updated On : 13 Jun 2024 | 3:02 PM IST

Cement stocks rally up to 10% on Monday, Ultratech hits record; here's why

Cement stocks: The rally comes amid hopes of sustained push on infrastructure development and government-driven capex continuing in India

Cement stocks rally up to 10% on Monday, Ultratech hits record; here's why
Updated On : 10 Jun 2024 | 3:16 PM IST

JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year

The surge in JK Lakshmi Cement share was fuelled by robust Q4FY24 results, which came in line with street estimates

JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year
Updated On : 24 May 2024 | 11:12 AM IST

Ambuja, ACC, JK, Ultratech: Will cement stocks crack under pressure?

Cement stocks investment strategy: Investors with a long-term horizon may strategically accumulate shares of fundamentally strong cement companies

Ambuja, ACC, JK, Ultratech: Will cement stocks crack under pressure?
Updated On : 16 May 2024 | 10:50 PM IST

Dalmia Bharat stock tanks 10%, hits 52-week low on weak Q4 results

Dalmia Bharat stock update: Dalmia Bharat stock tumbled in Thursday's trade after the company reported a 50 per cent drop in Q4 net profit on a YoY basis.

Dalmia Bharat stock tanks 10%, hits 52-week low on weak Q4 results
Updated On : 25 Apr 2024 | 3:48 PM IST

Cement shares soar up to 17%; ACC, Birla Corp, JK Lakshmi hit 52-week highs

Analysts believe cement demand would remain healthy aided by expedited pre-election government spend, continued focus of infrastructure development.

Cement shares soar up to 17%; ACC, Birla Corp, JK Lakshmi hit 52-week highs
Updated On : 09 Feb 2024 | 3:12 PM IST