India Cements to set up new cement manufacturing facility in Madhya Pradesh: Report

India Cements is reportedly planning to set up a new cement manufacturing facility in Madhya Pradesh. With this, the company is expecting a better capacity utilisation from the next financial year and is all set to Rs 1000 crore for the same. Moreover, the company is expecting prices in South India to also pick up … Read more

Sagar Cements reports 40.06% growth in cement production in October

Sagar Cements has reported the cement production and sales figures for October 2018. The company’s consolidated cement production/purchase for October 2018 stood at 273,216 million tonnes (MT), up by 40.06% compared to 195,066 MT produced in October 2017. Further, the consolidated cement sales for October 2018 stood at 279,554 MT, up by 43.73% compared to … Read more

Ambuja Cements reports 9% growth in cement volumes in Q3 2018

Ambuja Cements has reported around 9% growth in cement volumes during Q3 2018, backed by a favourable demand trend. The company’s net sales increased to Rs 2,522 crore from Rs 2,284 crore in the same quarter of the previous year. Ambuja Cements is engaged in manufacturing and marketing of cement and clinker for both domestic … Read more

Ambuja Cements reports 10% rise in Q3 consolidated net profit

Ambuja Cements has reported results for third quarter ended September 30, 2018. The company has reported a fall of 34.44% in its net profit at Rs 178.60 crore for the quarter under review as compared to Rs 272.42 crore for the same quarter in the previous year. However, total income of the company increased by … Read more

Sagar Cements strengthens on reporting 27.18% growth in cement production in September

Sagar Cements is currently trading at Rs. 656.00, up by 5.65 points or 0.87% from its previous closing of Rs. 650.35 on the BSE. The scrip opened at Rs. 664.00 and has touched a high and low of Rs. 664.00 and Rs. 656.00 respectively. So far 6 shares were traded on the counter. The BSE … Read more

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