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Ramco Cements targets 20 million tonnes capacity by 2020

The company has invested Rs 3500 crore in the capacity expansion of existing plants and setting up new ones.

UltraTech Cement gets green nod for Rs 2,500 crore project in Andhra Pradesh

In a letter issued to the company, the ministry said it has given environment clearance to UltraTech Cement's proposed greenfield project in Andhra Pradesh with certain conditions.

Cement got back its mojo in FY19; this year it’ll rake in the moolah

This year, the industry is expected to build on the achievements of FY19 and enhance realisations, by 2-5%.

Will double cement production capacity in the next few years: JSW

The company has a distribution network comprising over 5,200 dealers and retailers in the states of West Bengal, Bihar, Jharkhand & Orissa.

Cement demand likely to grow 8% in FY20: Report

The growth in demand will be driven by a likely 18-20 million tonnes per annum (MTPA) of additional production capacity during the fiscal.

NCL Inds begins operations at doors making joint venture with Turkey’s AGT

NCL Industries Manging Director K Ravi said the company wants to lead the market with top of the line products built to last a lifetime.

Industry divided over reason for rise in cement prices

According to research reports, cement prices in February increased by Rs 24-25 per bag of 50 kg, but the increase was more pronounced in south India.

Cement prices rise Rs 25 per bag in February

The hike in the cement prices came after a "protracted stall" following the rollout of the goods and services tax in July 2017, said CRISIL Research in its report.

Outsider in 'Birla house': New boss Harsh Vardhan Lodha has been the biggest change agent for the company

Even as a fierce legal battle still rages, the fortunes of the MP Birla Group have seen a marked change.

Cement workers' pay to rise by Rs 5,000 as CMA, unions sign wage pact

This move is likely to benefit around 20,000 employees in the Indian cement industry.

JSW Cement to spend Rs 2,000 crore to reach target of 20 MT by 2020

JSW Cement to spend Rs 2,000 crore to reach target of 20 MT by 2020

The company is currently at 12.6 MT , after recently expanding its facility in Dolvi in Maharashtra to 2.2 MT, and it plans to take it to 20 MT, by a mix of brownfield expansion at all its facilities .

Former Tata Steel UK Chief Bimlendra Jha to step in as new MD at Ambuja Cement

Former Tata Steel UK Chief Bimlendra Jha to step in as new MD at Ambuja Cement

Jha's appointment will come into effect from March 1, 2019.

JSW Cement plans to double the capacity of its Salboni unit in West Bengal

JSW Cement plans to double the capacity of its Salboni unit in West Bengal

This was announced by Sajjan Jindal, chairman JSW Group during Bengal Global Business Summit (BGBS).

JSW Cement looks to raise Salboni unit production

JSW Cement looks to raise Salboni unit production

Inaugurated in January 2018, the manufacturing unit at Salboni has already become an integral part of JSW Cement’s growth story in the east.

Cement Manufacturers’ Association, trade unions reach new wage pact

Cement Manufacturers’ Association, trade unions reach new wage pact

The present MOU is for a duration of four years from April 1, 2018 to March 1, 2022. It provides for an increase of Rs 5,000 per month in the Gross Pay of cement employees.

Cement sector to remain buoyant on housing demand, infra

Cement sector to remain buoyant on housing demand, infra

As per rating agency Icra, around 15-18 MTPA to get added in FY2019-FY2020.

CEMENT STOCKS
NSE
BSE

Company NameLatestChange%ChangeVolume
Nifty Commodities3622.7554.651.530
UltraTech Cement4596.0521.250.46332939
Shree Cement21589.25507.952.4121206
Ambuja Cements215.150.150.072274581
ACC1554.5516.951.1475097
Dalmia Bharat Enterprises2372.9-25.25-1.05397340
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