Capital expenditure is budgeted at Rs 10 tn constituting 3.3% of GDP
Strong demand is anticipated to result in a 7-8 per cent volume growth for cement producers in FY23, but operating profit margins may drop because of...
According to ratings agency ICRA, the Indian cement industry’s sales volumes will increase by 18 to 20 per cent year on year in the 2022 financial...
As per research firm ICRA’s report on the cement sector, the average wholesale cement prices have increased by 8-12 per cent in select markets like Chandigarh,...
As per research firm ICRA’s report on the cement sector, the average wholesale cement prices have increased by 8-12 per cent in select markets like Chandigarh,...
Rating agency ICRA expects cement companies to suffer from strain on their profitability in the coming quarter because of weak demand and the hike in rail...
Rating agency ICRA expects cement companies to suffer from strain on their profitability in the coming quarter because of weak demand and the hike in rail...
The domestic cement demand is expected to be at 7 per cent in FY2019 and around 8 per cent in FY2020, driven by housing, primarily rural...
The demand growth trend picked up steam in FY18. Expectations are rife that FY19 will consolidate these gains and result in higher capacity utilisation, if not...
The Goods and Service Tax (GST) on cement has been fixed at 28 per cent, the highest rate in the GST tax band. Its rollout on...
