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India Cements plans price hike

India Cements, one of the largest producers of cement in South India, is planning to raise prices once again. Industry sources say the company is looking at raising prices up to Rs 20 per bag in t...
News - 07 April 2006

Holcim may raise GACL stake

Holcim, which has made an open offer for an additional 20% of the equity of Gujarat Ambuja Cements Ltd (GACL) after picking up 14.8% of the promoters’ stake, is likely to explore options - among t...
News - 07 April 2006

ACC monthly cement production, India

ACC cement production and despatch figures for the month of March 2006 were as follows:  cement production 1.739Mt; cement despatches 1.746Mt. Over the January-March 2006 period, cement producti...
News - 04 April 2006

JK Cement expansion on track, India

The capacity expansion programme of both white and grey cement are on schedule say JK Cement India. According to Mr A.K Saraogi, President, Corporate Affairs and CFO the capacity expansion program...
News - 04 April 2006

Gujarat Ambuja March cement shipments rise, India

Gujarat Ambuja Cements Ltd , India’s third-biggest cement maker, said on Monday its March shipments rose 13 percent from a year earlier to 1.33Mt.  Production in the same period totalled 1.33Mt, u...
News - 04 April 2006

Aditya Birla Group’s cement despatches, India

Aditya Birla group’s cement production for March this year grew by 12.72 per cent at 2.853Mt, while despatches rose by 10.87 per cent at 2.862Mt, over March last year. During the April-March’06 pe...
News - 04 April 2006

Cement prices harden, India

Cement prices have started hardening over the past two days. Several major cement companies have raised prices and intend to increase them again very soon. “Our prices have gone up by Rs 5 to Rs 7...
News - 04 April 2006

Cement looks solid

The demand for cement in India continues to grow and despatches of major companies have been showing a concrete trend. With strong demand having firmed up cement prices, shares of the companies ha...
News - 03 April 2006

Mysore Cement stake sold

The Indian ICICI Bank has sold its entire 8.5 per cent stake in the SK Birla promoted Mysore Cements (MCL) to SBI Mutual Fund and Templeton Mutual Fund for a consideration of Rs 35.5 crore. ICICI ...
News - 31 March 2006

Profit-booking in India Cements

Southern Indian cement maker India Cements is seeing sizeable selling by foreign-based funds. On Wednesday, CLSA sold 1.1 million shares at Rs 161. CLSA’s sale comes after ABN AMRO Bank sold 1.0 m...
News - 30 March 2006