Cement Stocks News
Stock market today: Sensex, Nifty 50 stage smart rebound, jump 0.6%; cement & realty stocks lead gainers
The Nifty 50 ended the session with a gain of 0.60 per cent, ending at 24,276 points, while the Sensex closed at 80,248 points, up 0.54 per cent compared to the previous closing price. Among sectoral indices, Nifty Realty emerged as the top performer, gaining 3.04 per cent.
4 min read2 Dec 2024Cement makers are buying green power and private ships. Here’s why
Rising demand notwithstanding, cement prices keep falling—pushing makers to bet on green power and private fleets to cut costs.
1 min read16 Nov 2024This indicator shows why cement companies have a rough road ahead
The gap between trade and non-trade prices increased to more than ₹50 a bag in August from the normal ₹30-40 a bag, according to a Bank of Baroda Capital Markets Ltd report, indicating weak demand from the infrastructure segment.
3 min read5 Sep 2024UltraTech Cement, JK Cement, Dalmia Bharat: Axis Securities’ 3 top stock picks after Q1 earnings – here’s why
Axis Securities identifies UltraTech Cement, JK Cement, and Dalmia Bharat as top picks despite Q1FY25 challenges, citing strategic expansions and potential for improved performance.
4 min read19 Aug 2024UltraTech to sail through on volumes, at best
Apart from an upbeat volume growth outlook, some other factors have played spoilsport for the cement firm.
3 min read22 Jul 2024Earnings Preview: Cement companies likely to report subpar performance in Q1FY25 amid slow volume growth, soft demand
Systematix expects a substantial rise in raw material costs for cement players, with some moderation expected. Despite cost-saving measures, it expects EBITDA per ton to decline due to a sharp drop in realisations of ₹319 per ton year-on-year and ₹131 per ton quarter-on-quarter.
3 min read12 Jul 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared