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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. Robust sales from cement majors ACC, Ambuja and Jaiprakash Associates in January, coupled with a price increase, benefited the counters. Also, Coal India rolled back a recent price increase. Industry officials say the new pricing mechanism from Coal India, now withdrawn, would have made cement

Cement stocks outperform Sensex
But the going may get tough in the months ahead.

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Madras Cements on an expansion mode
Madras Cements, the flagship enterprise of Chennai-based Ramco Group, is planning to invest around Rs 150 crore in various expansion and power projects. The proposed expansions will spread across

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Madras Cements charts Rs 150-cr expansion plan

Madras Cements, the flagship enterprise of Chennai-based Ramco group, is planning to invest around Rs 150 crore in various expansion and power projects. The proposed expansion would be spread

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POLL - Little to cheer for Indian mid-cap cos in damp June quarter

/MUMBAI (Reuters) - Over a third of Indian mid-cap firms are likely to post lacklustre results in April-June, with margins being squeezed due to pressure from rising input costs, steep interest

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BSE Sensex slips 0.9 pct; Infosys drops

The BSE Sensex dropped 0.9 percent on Tuesday as euro zone debt worries battered major markets in Asia, with software services bellwether Infosys leading the losses after its quarterly earnings

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Madras Cements Galleries

Madras Cements goes green...

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