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JSW Cement eyes 60 MTPA capacity as it targets top-five position in India
JSW Cement plans a significant expansion to reach sixty million tonnes capacity. The company will ramp up capacities and enter new markets simultaneously. It aims to strengthen its GGBS business and improve cost competitiveness. Digital adoption and sustainability initiatives will also be accelerated. JSW Cement projects itself as a pan-India company with future growth.
Ambuja Cements, UltraTech Cement, Dalmia Bharat In Focus Ahead Of Q1 Results — Check Target Prices
Current stock price corrections in large and mid-cap cement names offer an attractive medium-term entry.
Bullish futures positioning hints at upside in large-cap stocks
Indian stock markets are seeing pockets of strength, particularly in mid- and small-cap segments, with optimism now extending to select large-cap stocks. Analysts highlight several stocks showing bullish futures build-up and positive technical indicators. IndusInd Bank, Nalco, Shree Cement, HDFC AMC, Adani Energy Solutions, Nestlé India, and ONGC are identified as potential gainers, with specific entry points, targets, and stop-losses provided for traders.
Monsoon blues, weak demand dampen July outlook for cement prices
Cement prices are expected to hold steady in July, with the monsoon and sluggish demand dampening prospects for significant hikes. While June saw a slight uptick due to delayed rains and quarter-end sales, dealers anticipate continued pricing pressure. Efforts to raise prices are likely aimed at defending current levels rather than substantial increases, as construction activity remains subdued.
EIM and Paradeep Parivahan commence deployment of electric heavy-duty trucks for UltraTech Cement
Energy In Motion (EIM) and Paradeep Parivahan (PPL) have commenced the deployment of approximately 45 EIM Ashwa 4x2, 55-tonne electric heavy-duty vehicles for UltraTech Cement.
UltraTech Cement buys stake in renewable energy firm to cut power costs
UltraTech Cement Ltd has entered into an Energy Supply Agreement and a Share Subscription and Shareholders Agreement to acquire a 13.99% equity stake in FPEL Services Pvt. Ltd., a company engaged in the generation and transmission of renewable energy through wind power.
Adani Group to acquire NIIF-EESL smart-metering joint venture IntelliSmart for ₹3,050 crore
The acquisition will cement Adani Energy Solutions' position as India's largest smart-metering platform
Jefferies met the management of four Adani Group companies; check key triggers and targets
Transmission opportunities worth ₹1.5 lakh crore, renewable capacity expansion to 50 GW, thermal power growth and a turnaround in the cement business are among the key themes highlighted by Jefferies after meeting the management of four Adani Group companies.
Stock Alert: NMDC, Maruti Suzuki India, PNC Infratech, UltraTech Cement, Coal India, Tata Elxsi - Business Standard
Stock Alert: NMDC, Maruti Suzuki India, PNC Infratech, UltraTech Cement, Coal India, Tata ElxsiBusiness Standard
UltraTech Cem Share Price Live Updates: UltraTech Cement's Current Price Update
Buy, Sell Or Hold: Kaynes Tech, HCL Tech, Techno Electric, MRPL, J K Cement — Ask Profit
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Cement makers expect 7-8% growth in FY27 despite West Asia headwinds
Indian cement companies anticipate strong growth of 7-8 per cent in FY27. Government infrastructure projects and housing demand are key drivers. Companies are increasing capital expenditure to support this expansion. Despite rising fuel costs and geopolitical concerns, the sector remains optimistic about its long-term growth trajectory.