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Cement firms' net growth may ease
After posting strong growth in the first three quarters of financial year 2011-12, cement companies are expected to post only a moderate increase in net profit in the fourth quarter. An analysis of the March quarter preview by 14 brokerages suggested 20 per cent growth in net sales and 13 per cent rise in net profit. Operating margins remained largely unchanged at the year-ago level, mostly due to
After posting strong growth in the first three quarters of financial year 2011-12, cement companies are expected to post only a moderate increase in net profit in the fourth quarter. An analysis of the March quarter preview by 14 brokerages suggested 20 per cent growth in net sales and 13 per cent rise in net profit. Operating margins remained largely unchanged at the year-ago level, mostly due to
Lower sales, output dampen cement firms' festive spirit
The cement manufacturers have started increasing prices across the country after the monsoons, failing to bring cheer to festival-season monthly production and despatch numbers. In fact, biggies
The cement manufacturers have started increasing prices across the country after the monsoons, failing to bring cheer to festival-season monthly production and despatch numbers. In fact, biggies
Cement firms in reverse gear, offer discounts
Within a fortnight of pushing prices to an all-time high, cement companies have felt forced to offer discounts on sales in some regions, as demand turned sluggish.
Within a fortnight of pushing prices to an all-time high, cement companies have felt forced to offer discounts on sales in some regions, as demand turned sluggish.
Mid-cap cement: The contrarian view sets in
These companies could be attractive targets for overseas firms seeking base in India.
These companies could be attractive targets for overseas firms seeking base in India.
Problem of plenty may hit cement firms
New capacity, falling prices, higher input costs are the dampeners.
New capacity, falling prices, higher input costs are the dampeners.
Cement firms' share prices rise on demand outlook
Shares of leading cement companies such as ACC, Ambuja Cements, Ultratech Cement and Prism Cement rose 2-3 per cent today.
Shares of leading cement companies such as ACC, Ambuja Cements, Ultratech Cement and Prism Cement rose 2-3 per cent today.
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