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Cement Stocks

Street positive on cement stocks despite pricing pressures, demand woes

Many analysts still remain positive about the sector's prospects, but most cement stocks have seen corrections in the last three months

Street positive on cement stocks despite pricing pressures, demand woes
Updated On : 02 Sep 2024 | 10:59 PM IST

After monsoon lull, price pressure, are cement stocks worth buying?

Shares of cement companies have slid up to 19 per cent in the last four weeks on the NSE, against a 1.06 per cent jump in the benchmark Nifty50

After monsoon lull, price pressure, are cement stocks worth buying?
Updated On : 23 Aug 2024 | 10:46 PM IST

Ambuja Cements share jump over 4% after multiple block deals

Adani family was likely to sell around 3 per cent stake in Ambuja Cements via block deals

Ambuja Cements share jump over 4% after multiple block deals
Updated On : 23 Aug 2024 | 10:52 AM IST

Shree Cement extends fall; stock down 13% in 6 days post weak Q1 results

Management indicated that cement demand would remain weak until calendar year 2024-end and expects a full recovery from Q4FY25, brokerage firm MOFSL said.

Shree Cement extends fall; stock down 13% in 6 days post weak Q1 results
Updated On : 08 Aug 2024 | 10:42 AM IST

This cement stock has almost doubled from June low; trades at new high

India Cements stock hit a new high of Rs 343.85, surging 6% in an otherwise volatile market. The stock has zoomed 50% since June 25.

This cement stock has almost doubled from June low; trades at new high
Updated On : 18 Jul 2024 | 12:26 PM IST

Cement shares in demand; India Cements, Orient, JK Lakshmi rally up to 14%

After Lok Sabha Elections and Assembly elections in some States, the centre and States are expected to retain their focus on development agenda, India Cements had said on sector outlook.

Cement shares in demand; India Cements, Orient, JK Lakshmi rally up to 14%
Updated On : 26 Jun 2024 | 11:16 AM IST

Small-sized cement shares in focus; Sanghi, NCL, Saurashtra rally up to 11%

As per media reports, Adani Group was evaluating multiple cement companies like Penna Cement, Saurashtra Cement, JP Associates' cement business & Vadraj Cement for acquisition.

Small-sized cement shares in focus; Sanghi, NCL, Saurashtra rally up to 11%
Updated On : 13 Jun 2024 | 3:02 PM IST

Cement stocks rally up to 10% on Monday, Ultratech hits record; here's why

Cement stocks: The rally comes amid hopes of sustained push on infrastructure development and government-driven capex continuing in India

Cement stocks rally up to 10% on Monday, Ultratech hits record; here's why
Updated On : 10 Jun 2024 | 3:16 PM IST

JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year

The surge in JK Lakshmi Cement share was fuelled by robust Q4FY24 results, which came in line with street estimates

JK Lakshmi Cement shares rally 7% on healthy Q4; up 15% in last one year
Updated On : 24 May 2024 | 11:12 AM IST

Ambuja, ACC, JK, Ultratech: Will cement stocks crack under pressure?

Cement stocks investment strategy: Investors with a long-term horizon may strategically accumulate shares of fundamentally strong cement companies

Ambuja, ACC, JK, Ultratech: Will cement stocks crack under pressure?
Updated On : 16 May 2024 | 10:50 PM IST

Dalmia Bharat stock tanks 10%, hits 52-week low on weak Q4 results

Dalmia Bharat stock update: Dalmia Bharat stock tumbled in Thursday's trade after the company reported a 50 per cent drop in Q4 net profit on a YoY basis.

Dalmia Bharat stock tanks 10%, hits 52-week low on weak Q4 results
Updated On : 25 Apr 2024 | 3:48 PM IST

Cement shares soar up to 17%; ACC, Birla Corp, JK Lakshmi hit 52-week highs

Analysts believe cement demand would remain healthy aided by expedited pre-election government spend, continued focus of infrastructure development.

Cement shares soar up to 17%; ACC, Birla Corp, JK Lakshmi hit 52-week highs
Updated On : 09 Feb 2024 | 3:12 PM IST

Cement shares zoom up to 5%; UltraTech joins Rs 3 trillion market cap-club

Nomura estimates margins to expand on stronger volume growth, pricing discipline and relatively lower fuel cost

Cement shares zoom up to 5%; UltraTech joins Rs 3 trillion market cap-club
Updated On : 27 Dec 2023 | 10:16 PM IST

Stock of this smallcap cement company has zoomed 64% in one month

Shares of Mangalam Cement hit a new high of Rs 694.40 as they surged 16 per cent on the BSE in Friday's intraday trade

Stock of this smallcap cement company has zoomed 64% in one month
Updated On : 15 Dec 2023 | 11:51 AM IST

UltraTech hits new high, nears Rs 10,000-mark; stock up 6% in two days

A sharp surge in the stock price has seen the market capitalisation of this Aditya Brila Group firm near the Rs 3 trillion mark, BSE data shows.

UltraTech hits new high, nears Rs 10,000-mark; stock up 6% in two days
Updated On : 12 Dec 2023 | 1:04 PM IST

UltraTech Cement's stock continues to be an attractive proposition

While Q2 was decent despite seasonally weak, higher prices and operating leverage point to better prospects

UltraTech Cement's stock continues to be an attractive proposition
Updated On : 20 Oct 2023 | 10:49 PM IST

Ambuja Cements Q1FY24 profit up 31% YoY to Rs 1,135 crore, margins expand

Ambuja Cements Q1FY24 results: Shares of Ambuja Cement slipped 2 per cent in the intra-day trade to Rs 452 apiece

Ambuja Cements Q1FY24 profit up 31% YoY to Rs 1,135 crore, margins expand
Updated On : 02 Aug 2023 | 10:13 AM IST

ACC hits 5-month high; rallies 14% in 6 days on robust Q1 results

Management expects Ebitda growth to sustain with further improvement expected due to various efficiency and operational initiatives

ACC hits 5-month high; rallies 14% in 6 days on robust Q1 results
Updated On : 31 Jul 2023 | 11:56 AM IST

ACC, Ambuja: 5 cement stocks show rising trend on charts in a choppy market

The broader trend in the cement sector remains optimistic, price action riding along the overall bullish sentiment

ACC, Ambuja: 5 cement stocks show rising trend on charts in a choppy market
Updated On : 26 Jul 2023 | 11:55 AM IST

ACC, Ambuja, Dalmia Cement: Analysts remain selective on cement stocks

UBS and Nomura expect volume growth of 10 per cent and 8 per cent, respectively, in FY24 aided by an uptick in the real estate cycle.

ACC, Ambuja, Dalmia Cement: Analysts remain selective on cement stocks
Updated On : 12 Jul 2023 | 10:58 AM IST