US investment bank JP Morgan feels that the valuation of cement major UltraTech is stretched and consequently downgraded the stock to "underweight" from "neutral".The bank said...
For the current fiscal, Madras Cements has lined up investments to the tune of Rs 300 crore. Of the sum, Rs 225 crore will be utilised...
Kenya’s Bamburi Cement posted a 12.86 percent fall in pretax profit for the first half of this year to 3.7 billion shillings ($43.89 million), hurt by...
Eleven cement factories in Rayalaseema region, which have accounted for 50 per cent of the cement production in the State, are selling cement at Rs 350...
During the current fiscal, cement demand in India is expected to grow 7.5 per cent., according to Centre for Monitoring Indian Economy (CMIE). After slowing down...
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