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Cement sector on investors’ horizon with the monsoon season broadly coming to an end

The cement sector is once again on investors’ horizon with the monsoon season broadly coming to an end in different parts of the country, and a gradual pick-up in construction…

September 13, 2011 / No Comment / Read More

Cement prices may recover post-monsoon

With construction activity likely to pick up post-monsoon, cement prices are expected to recover. “We expect cement prices to recover after rains. With the construction activity expected to pick up…

August 23, 2011 / No Comment / Read More

Cement industry may post double-digit growth

Strong sales from ACC, Ambuja and UltraTech is likely to push the cement sector back to double-digit growth. Going by the strong sales figures of top companies, industry analysts said…

August 3, 2011 / No Comment / Read More

Cement prices to remain under pressure, feels Grasim

A senior official of Aditya Birla group-controlled Grasim Ltd said on Saturday that cement prices will remain under pressure over the next six to eight quarters due to oversupply. “Cement…

August 2, 2010 / No Comment / Read More

UltraTech Cement’s net profit slumps 42 per cent

UltraTech Cement, an Aditya Birla group company, has reported a 42 per cent fall in net profit at Rs243 crore for the quarter ended 30 June, against Rs418 crore in…

July 30, 2010 / No Comment / Read More

Kohlberg Kravis Roberts to invest Rs750 crores in Dalmia Cement’s subsidiary

Private equity firm and leveraged buyout specialist, Kohlberg Kravis Roberts (KKR), will invest up to Rs750 crores in Avnija, a wholly owned unlisted subsidiary of Dalmia Cements (Bharat) Limited (DCBL).…

May 7, 2010 / No Comment / Read More