Cement Sector

Adani Group received a major boost after NCLAT upheld its ₹14,535-crore resolution plan for Jaiprakash Associates and dismissed Vedanta’s appeal. The verdict cleared a key legal hurdle in the high-profile Jaypee insolvency case, triggering a nearly 3% rise in Adani Enterprises and Adani Ports shares as investors cheered the strategic acquisition.

Benchmark indices ended in the red on May 5, 2026, with Nifty and Sensex declining due to elevated crude prices, rupee depreciation, and continued foreign investor outflows. Banking, realty, and consumer durable stocks led the losses, while defence, FMCG, and auto sectors showed resilience amid cautious market sentiment.

Dalmia Bharat Limited posted strong EBITDA growth and margin expansion in FY26, despite a slight dip in net profit, and announced a ₹5 per share final dividend.

UltraTech Cement posted a 20% rise in Q4FY26 net profit at Rs 2,983 crore, driven by higher volumes and revenue growth, while FY26 marked record EBITDA and expanded capacity beyond 200 MTPA.

Indian markets may remain volatile in the week ahead (09–13 March 2026) as geopolitical tensions in the Middle East push crude oil prices to multi-year highs and FII selling continues. Investors will track global inflation data and sectoral trends across oil, defence, coal, and liquor stocks.

To accommodate growing demand, the cement industry plans to add 35-40 million tonnes of capacity in the next fiscal year, with 60-65% concentrated in the eastern and southern regions.

It was reported on Thursday that Ambuja Cements' promoters aim to sell up to 2.84% of the firm through block agreements.

During 2015, a statutory authority attached some corporate assets with an aggregate carrying value of ₹120.34 Crore.

The company's revenue from operations decreased by 11.6% to ₹1,444.5 Crore, compared to ₹1,633.3 Crore in the previous year.

According to Prasad Patwardhan, CFO of ITD Cementation, the company now has an order book of over ₹7,000 Crore.