Consolidation is the name of the game in India’s cement sector, but another emerging trend is…
Tag: Petroleum coke
Cement firms’ earnings are at risk even as input costs soften
The diesel price cut of ₹2 per litre after a long gap is positive news for…
Relief to cement manufacturers due to fall in imported coal prices
The prices of petroleum coke (petcoke), the main raw material used in making cement, and coal…
Cement prices move up, but not enough to move the needle
After a gap, the much-awaited increase in cement prices across India has been witnessed. Cement prices…
UltraTech’s grappling with sticky input costs is taking a toll on sales
UltraTech Cement Ltd was the biggest loser among Nifty 50 companies on Monday, shedding over 4%.…
Railway freight data provides some comfort to cement investors
The data shared by the Ministry of Railways shows that Indian Railways has registered a 23%…