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Genesis Asset sells 2% stake in Ambuja Cement

India Infoline News Service | Mumbai | September 05, 2015 09:21 IST

Genesis Asset Managers LLP, which had 5.39% stake earlier, brought down its shareholding in the company to 3.3% by selling shares on September 2, Ambuja Cement said in a filing to the BSE.

No transfer clause hampers Ultratech-Jaypee deal

India Infoline News Service | Mumbai | September 01, 2015 15:11 IST

Ultratech Cement take over of Jaypee's cement plants has been affected by the new Mines and Minerals (Development and Regulation) Act 2015. As per a clause in the Act, mines that were not allocated through auctions will not be transferred, ie, transfer of the mining licence is allowed only for mines that were auctioned.

UltraTech denies plans to buy Jaypee's Bhilai unit

India Infoline News Service | Mumbai | August 29, 2015 10:39 IST

UltraTech's capacity will increase further to 71.2 mtpa by the end of FY16 as ongoing projects are completed, Birla said at the AGM.

JP group stocks in demand

India Infoline News Service | Mumbai | August 27, 2015 16:36 IST

Shares of JP group were in demand on news that UltraTech Cement is nearing closure of the deal with the group to buy Bhilai cement plant.

Ambuja Cement surges over 3%

India Infoline News Service | Mumbai | August 27, 2015 13:18 IST

The stock opened at Rs.203 as against the previous close of Rs. 199 on BSE. It has hit a high of Rs.208 and a low of Rs.201 on BSE today.

Sagar Cements spurts on bulk buying

India Infoline News Service | Mumbai | August 27, 2015 09:49 IST

So far, the stock has surged almost 20 percent from its early lows on the BSE.

Ambuja Cements slips 4.5% on block deal

India Infoline News Service | Mumbai | August 26, 2015 15:44 IST

The stock high of Rs. 210 and a low of Rs. 198 on BSE today. Total traded quantity on the counter stood at over 52.29 lk shares on BSE.

Ambuja Cements slips 4.5% on block deal

India Infoline News Service | Mumbai | August 26, 2015 15:44 IST

The stock high of Rs. 210 and a low of Rs. 198 on BSE today. Total traded quantity on the counter stood at over 52.29 lk shares on BSE.

Niraj Cement secures 2 tenders

India Infoline News Service | Mumbai | August 26, 2015 07:46 IST

The company has secured 2 Tenders One from Odisha PWD for project - Improvement Khajuripada - Nuagada road (ODR) in the district of Gajapati under State Plan for the year 2014 - 2015.

Prism Cement to sell 23% in General Insurance arm to QBE Group

India Infoline News Service | Mumbai | August 17, 2015 12:51 IST

The stock hit a high at Rs. 101.60 and low at Rs. 98 on BSE today.

Birla Corp jumps 8.6% on acquisition plans

India Infoline News Service | Mumbai | August 17, 2015 09:47 IST

Birla Corporation is in talks to acquire Jojobera and Sonadih Cement Businesses from Lafarge India for an enterprise value of Rs. 5,000 crore.

Birla Corp to acquire Jojobera and Sonadih cement businesses from Lafarge India

India Infoline News Service | Mumbai | August 17, 2015 08:20 IST

Birla Corp will acquire the Acquisition Business, which comprises of an integrated cement unit at Sonadih (Chhattisgarh), a cement grinding unit at Jojobera Qharkhand), along with Concreto and PSC brands and an excellent management team.

JK Lakshmi Cement slips 2.7% on Q1 net loss

India Infoline News Service | Mumbai | August 12, 2015 16:14 IST

Total income declined by 1.3 percent to Rs. 595 crore from Rs. 603 crore for the above mentioned period.The stock hit a high of Rs. 349.75 and low of Rs. 328.45 on BSE today.

India Cements Q1 net profit at Rs.40.3 cr

India Infoline News Service | Mumbai | August 12, 2015 15:11 IST

Total Income is Rs. 1,075.5 crore for the quarter ended June 30, 2015 where as the same was at Rs. 1,234.9 crore for the quarter ended June 30, 2014.

JK Lakshmi Cement tumbles 4% on Q1 loss

India Infoline News Service | Mumbai | August 12, 2015 09:39 IST

Total income declined by 1.3 percent to Rs. 595 crore from Rs. 603 crore for the above mentioned period.

JK Lakshmi Cement Q1 net loss at Rs. 234.80mn

India Infoline News Service | Mumbai | August 11, 2015 18:06 IST

Total Income has decreased from Rs. 6029.20 million for the quarter ended June 30, 2014 to Rs. 5951.10 million for the quarter ended June 30, 2015.

Cement makers sign new wage accord with workers

India Infoline News Service | Mumbai | August 07, 2015 08:01 IST

The new wage agreement provides for an increase of Rs. 6,000 a month in the gross pay of cement workers.

Prism Cement dips 1.5% after poor earnings

India Infoline News Service | Mumbai | August 06, 2015 16:45 IST

Prism Cement reported net loss of Rs. 8.04 crore in the quarter ended June 2015, as against net profit of Rs. 13.24 crore during the previous quarter ended June 2014.

Ramco Cements surges on strong Q1 show

India Infoline News Service | Mumbai | August 06, 2015 10:38 IST

The company has reported 2.7-times jump in Q1 net profit for the quarter ended June 2015 at Rs. 94.67 crore when compared with Rs. 35.51 crore in the corresponding quarter a year ago.

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Stability in US and Europe to aid export growth

India Infoline Research Team / 10:47, Aug 24, 2015

In spite of massive improvement in CV demand, standalone revenues for Banco Products Ltd registered muted performance with sales at Rs. 113cr in Q1 FY16.