Shree Cement expects 4Q25-26 sales rebound
Shree Cement expects a strong recovery in cement volumes in the fourth quarter of the current financial year, supported by increased infrastructure activity and higher governmen...
India Cements
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Wages protest at Chilamkur cement plant
Hundreds of labourers from Ganjam district in Odisha gathered in front of India Cements' factory in Chilamkur, Andhra Pradesh, alleging that they had not been paid their promise...
UltraTech to sell up to 6.5% stake in India Cements via OFS
UltraTech Cement Ltd has approved the sale of up to 6.49 per cent stake in The India Cements Ltd via an offer for sale (OFS), according to a stock exchange filing. The company w...
India Cements reports net loss for 4QFY24-25
Chennai-headquartered The India Cements Ltd (India Cements) has reported a 3.8 per cent YoY drop operations revenue in 4QFY24-25, dropping to INR11.97bn (US$140m) from INR12.45b...
India Cements returns to black in 1QFY24-25
India Cements reported a standalone 1QFY24-25 revenue from operations of INR9.72bn (US$115.8m), down 30 per cent YoY. Cement and clinker volumes decreased to 1,961,000t in the f...
UltraTech acquires additional stake in India Cements
UltraTech Cement is acquiring a 32.72 per cent share in India Cements , marking an investment of INR39,540m (US$472.2m). According to The Hindu, the move enables Aditya Birla -o...
UltraTech Cement poised to buy 23% stake in India Cements
UltraTech Cement says it will buy a 23 per cent stake in Chennai-based rival The India Cements for up to INR18.85bn (US$226m), closing the gap on India's Adani Group. The decisi...
India Cements announces capex plans
India Cements plans to spend around INR7000m (US$84m) on capex over the next two years, primarily to improve operational efficiency, according to BusinessLine Online. Among its ...
Shares in India Cements fall due to CCI investigation
Shares in India Cements fell by almost five per cent to INR208 (US$2.51) on 23 December 2022 after officials from the Competition Commission of India (CCI) visited the company's...
JSW Cement announces 5Mta of new capacity
Just hours after acquiring a 100 per cent stake in Springway Mining from India Cements , JSW Cement has announced plans to invest over INR32,000m (US$388.8m) in an integrated gr...