Credit Suisse sees “headwinds” for Indian cement sector
Credit Suisse sees near-term "headwinds" for the sector due to a slowdown in rural and urban housing, despite the "attractive long-term rural story. "The investment bank re-star...
India Cements
87 posts · Page 9 of 9
Stable prices boost India Cements 4Q profit
India Cements reported a five per cent rise in net profit attributed to stable cement prices and improved realisations. Business Line India reports that for the quarter ended Ma...
India Cements: investors could consider on long-term basis
Chennai-based India Cements is a leading player in southern India and has benefited from strong cement prices, given production discipline amongst local producers over the past ...
India Cements to raise capacity in Tamil Nadu
India Cements has begun the process to expand capacities at two of its plants in Tamil Nadu, according to reports from the Times of India. The company has applied to the Ministr...
Jefferies starts India cement coverage
Jefferies has initiated coverage on the Indian cement industry with a buy rating on ACC, Grasim Industries, India Cements, UltraTech Cement, and hold rating on Ambuja Cements. "...
India Cement’s quarterly advance, outlook cautious
India Cements saw its profit more than double in 3QFY11-12 to INR56.31m crore (US$11.5m) helped by an accounting change and a revival in demand in the key Andhra Pradesh market....
India Cements expected to see rise in sales and net profit
India Cements is expected to post net sales of around INR9.92bn compared to INR7.18bn a year ago due to higher sales and improved realisations. However, analysts are divided on ...