Tag Archives: ultratech cement

11 small-cap stocks rise more than 10% during the week despite weak market sentiment – Blue Barrows

Indian equities registered losses for the third consecutive week, but there were several outliers in the mid-cap and small-cap space which indicates that the bulls are still holding the rope tight. About 11 stocks in the small-cap space have registered 10% and more gains in the week ended Friday, and prominent names among these are […]

Cement stocks: Cement companies to post strong H2 on cost gains, price rise – Blue Barrows

ET Intelligence Group: Analysts foresee a better performance by cement companies in the second half of the present fiscal year following lower raw material prices, improving construction activities and higher cement prices. They expect the average earnings before interest, taxes, depreciation, and amortization (EBITDA) per tonne for the sector to increase by at least 35 […]

acc: Adanis encumber shares of Ambuja, ACC with lenders – Blue Barrows

The Adani Group has encumbered shares of and worth more than ₹1 lakh crore with lenders, close on the heels of completing its acquisition of the two cement makers from Switzerland’s Holcim Group. The ports-to-renewable energy conglomerate has encumbered a 63.15% stake in Ambuja Cements and 56.69% in ACC “for the benefit of certain lenders […]