Steepest Cement Price Drop in South India During Q3FY26
South India witnesses a sharp 3.9% sequential cement price drop in Q3FY26 to ₹304 per bag. Oversupply and muted demand challenge profitability. Can January hikes provide relief?
South India witnesses a sharp 3.9% sequential cement price drop in Q3FY26 to ₹304 per bag. Oversupply and muted demand challenge profitability. Can January hikes provide relief?
Ramco Cements exceeds asset sale target, reducing debt by ₹1,017 crore. Stock's future growth hinges on cement price recovery and higher capacity utilisation. Read the full analysis.
ICRA projects robust 6-7% cement volume growth in India by FY27, with industry adding 85-90 MTPA capacity. Key drivers include infrastructure and housing demand. Read the full analysis.
Adani Group finalises Ambuja-ACC-Orient merger to create a pan-India cement powerhouse. We analyse the winners, losers, and the road ahead in the battle with UltraTech Cement.
Motilal Oswal recommends Midwest and Ambuja Cement as top buys, citing expansion plans and strong financial targets. Discover the detailed analysis and price targets.
Adani Cement is investing Rs 2,900 crore to set up two new grinding units in Guna and Ujjain, Madhya Pradesh, creating over 3,000 jobs. This marks a major expansion of the group's cement footprint in central India.
A Block Level Officer's body found in Bankura, suicide note alleges work pressure. TMC claims anxiety over SIR has claimed over 50 lives. Details inside.
A 15-day sit-in against a coal block project in Raigarh's Tamnar region turned violent, leaving a police officer and several cops injured. Vehicles were torched as tensions escalated. Read the full details.
Goldman Sachs initiates coverage on PhysicsWallah with a neutral rating. Other key calls include Avendus on LG, Nuvama on KMEW, HSBC on Ambuja Cement, and Investec on RBL Bank. Read the full analysis.
Dalmia Bharat expects mid-to-high single-digit volume growth in Q3FY26 as cement demand improves. However, muted pricing in key eastern and southern markets caps near-term upside for the stock.
Adani Group's merger of ACC, Orient Cement with Ambuja Cements aims to cut costs and raise margins by at least Rs 100 per tonne. Streamlining to unlock operational efficiencies.
Orissa High Court gives state until Jan 8 to investigate PIL alleging massive under-utilisation of iron ore mining capacity, causing crores in revenue loss. Read the full details.
Adani Group consolidates ACC and Orient Cement into Ambuja Cements to streamline operations, cut costs, and create a single pan-India cement platform. The move follows a $10 billion acquisition spree.
Ambuja Cements and Orient Cement shares skyrocketed up to 10% after their boards approved a merger. ACC, however, fell 2%. Get the full details on this major cement industry consolidation.
A 45-year-old man in Chatra died allegedly after being treated by a quack. The accused ran a clinic from a rented house. Authorities have promised a probe. Read the full story.
Ambuja Cements' board approves the merger of ACC and Orient Cement, creating a cement giant with a 79 MTPA capacity. Read about the strategic move and its impact on the Indian market.
Adani Group's Ambuja Cements board has approved the amalgamation of ACC and Orient Cement, a major consolidation move in India's cement sector. Get the latest corporate news updates.
India's eight core industries grew 1.8% in November, recovering from October's contraction. Strong performance in cement, steel, and fertilizers offset declines in oil and gas. Read the full analysis.
Rajasthan government restarts the auction process for two significant gold mine blocks in Banswara and Udaipur, aiming to join India's gold-producing states. Bids open until Jan 2, 2026.
UltraTech Cement receives a Rs 782.2 crore GST demand notice for 2018-2023 period. The company plans to legally challenge the order. Read the full details.
Mangalam Cement shares soar 10% in December, outperforming Sensex and Smallcap indices. Strong Q2 results and internal promoter restructuring drive investor confidence. Read the full analysis.
India Resurgence Fund acquires a 51% controlling stake in Shree Digvijay Cement from True North, marking its strategic entry into India's cement industry. Read the full deal details.
Visakhapatnam-based INSWAREB's novel nano concrete (NAC) can prevent cracks in nuclear reactor shields. Their irradiated cement materials promise to extend infrastructure life, with BARC now involved.
The National Green Tribunal has given a joint committee four more weeks to file its report on alleged air pollution by ACC Cement's plant in Himachal Pradesh's Bilaspur. Key hearing set for February 2026.
Congress candidate Pawan Kumar Bhambar wins the Manuke Block Samiti by-election in Ludhiana, defeating SAD's candidate by 1,100 votes. Read the full results and analysis.
Shiromani Akali Dal secures victory in Dhuri block samiti bypoll, defeating AAP in Punjab Assembly Speaker's stronghold. A major setback for the ruling party.
Male villagers in Bihar's Darbhanga refuse to refund Rs 10,000 mistakenly credited to their accounts under a women's scheme, alleging it was for votes. Officials face strong resistance in recovery efforts.
Eternal Ltd, parent of Zomato & Blinkit, shares fell 5.3% to ₹282.65, marking worst intraday drop since July. Heavy volumes & new labour codes weigh. Read full analysis.
Punjab's Zila Parishad and Block Samiti elections witness a sharp 20-point drop in voter turnout to 48.4%, the lowest since 2008. Opposition calls it a vote of no confidence in AAP, while the ruling party cites peaceful polls. Read the full analysis.
Silent calls are not just a nuisance but a potential security threat. Learn what they are, why scammers use them, and the crucial steps to block them immediately to protect your privacy.