Operations resume at Awarpur plant, India
Operations have resumed at UltraTech’s Awarpur cement plant in the state of Maharashtra following a temporary closure due to strike action. The 3.6Mta has been shut since 14 Mar...
Ultratech
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Mixed bag of Q3FY13 earnings for Indian cement producers
A weakness in cement prices and softening demand in the region is expected to hit Q3FY13 earnings of some of India’s cement producers. Only ACC and Ambuja are forecast to record...
BoA-Merrill upgrades India's cement stocks to 'buy'
Bank of America-Merrill Lynch upgrades its rating across cement stocks to 'buy' from 'neutral' or 'underperform', saying capacity will lag demand, while valuations are below pre...