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Madras Cement News
Increasing capacity utilisation is our immediate focus: AV Dharmakrishnan In the backdrop of the recovery in the southern cement market, Madras Cements, the flagship enterprise of Chennai-based Ramco Group, is planning to take the next big step by expanding its capacity with an investment of Rs 3,000 crore. The company’s new chief executive officer, AV Dharmakrishnan, a chartered accountant by profession and tech-savvy by nature, tells TE Narasimhan that the challenge
BS People: A V Dharmakrishnan
A V Dharmakrishnan has been appointed the chief executive officer (CEO) of Madras Cements Ltd, one of the leading cement manufacturers in Tamil Nadu. This tech-savvy chartered accountant, who has
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.
Cement stocks tank on possible CCI rap
Shares of cement companies were hit hard on Wednesday amid buzz that the Competition Commission of India (CCI) could soon give a negative ruling in the matter of cartelisation by cement
Further upside in cement counters capped, say analysts
If the strong rally in cement stocks is tempting you to jump into buying these, postpone the plans, say industry analysts. According to them, any further upside movement is capped from the
Cement stocks post concrete gains on robust sales, rise in prices
Shares of cement companies soared on Thursday, as a spate of news made several counters hit 52-week highs. Madras Cement Galleries
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