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Positive outlook for Shree Cement 17 June 2013 past two-three weeks, it is still up 83 per cent in the past year. It is up 18.5 per cent since mid-October 2012, when ACC, Ambuja Cements and UltraTech had seen their 52-week highs before seeing a correction. According to the report, Shree CementÔÇÖs... Type: Article Category: Financial Analysts: India cement prices not yet out of the woods 10 June 2013 improve. In fact, the seasonally best March quarter was a weak one this year. Sales volumes of companies such as ACC Ltd, Ambuja Cements Ltd, UltraTech Cement Ltd and Shree Cement Ltd, which account for nearly 70% of the countryÔÇÖs cement production,... Type: Article Category: Volume & Pricing India: Cement firms turned in dissapointing Q1 29 May 2013 cent to 11.4 million tons (mt), the sales volume of ACC declined 4.5 per cent to 6.4 mt, compared to the year-ago period. Ambuja Cements saw its total sales volumes (cement & clinker) decline 3.6 per cent year-on-year to 6 mt. According to the report,... Type: Article Category: Financial India: Holcim units turn in weaker Q1 earnings 06 May 2013 Lower cement prices pulled profits for ACC and Ambuja. ┬á (CW Group) In India, weak cement prices in a seasonally strong quarter hit profitability at ACC Ltd and Ambuja Cements Ltd in the three months ended March, reports Live Mint. ┬á Both registered... Type: Article Category: Financial Credit Suisse positive on India cement market 14 April 2013 of 7% demand growth, we build in an accretive price increase and margin recovery in FY14," Credit Suisse said. It prefers Ambuja Cements and ACC% in the space and has outperform rating on them. Ambuja Cement's high exposure to north India and pick-up in... Type: Article Category: Markets & Competition Holcim still bullish on India cement market 09 April 2013 expected demand, reports the Business Standard. ┬á The company operates in India through group companies ACC and Ambuja Cements. It has said its outlook for Asia continues to be positive and that India, Indonesia and Philippines rank among the most... Type: Article Category: Markets & Competition India: Cement industry likely to post higher 2013 profits 09 April 2013 JK Lakshmi Cement is likely to take the worst fall in its net profitability. It could decline by 43.1% while those of Ambuja, UltraTech and ACC are likely to drop by 24.7%, 15.7% and 13.2%, respectively. South-based Madras Cement is expected to post the... Type: Article Category: Markets & Competition CLSA has improved outlook for India's Ambuja 02 April 2013 has put in a buy recommendation for the cement maker. ┬á (CW Group) CLSA has upgraded the stock of India based cement maker Ambuja Cements, from "buy" from "outperform", citing 'reasonable' valuations following recent correction. ┬á According to Money... Type: Article Category: Financial Credit Suisse: India cement margins to rise 11 March 2013 Suisse has rated ACC "outperform" with target price of Rs 1,545, while assigning "neutral" rating to UltraTech Cement and Ambuja Cements with target prices of Rs 1,900 and Rs 205 respectively. The report says, Credit Suisse also initiated coverage of... Type: Article Category: Markets & Competition Angel Broking downgrades rating for Ambuja Cements 27 February 2013 if the company fails to add adequate capacity. ┬á (CW Group) India based Angel Broking has changed its outlook for Ambuja Cements, on concerns about its future growth prospects, reports the Business Standard. ┬á The firm says Ambuja's growth is likely... Type: Article Category: Markets & Competition India urged to conduct deeper probe into Ambuja accident 22 February 2013 killed five people. (CW Group) Some Indian legislators have urged the government for a judicial inquiry into the recent Ambuja cement industrial accident in which five people died after a heavy structure of hopper collapsed at its factory at Rawan in... Type: Article Category: People India: Hearing into cement cartel appeals continue 20 February 2013 submissions against the penalty imposed by the Competition Commission of India (CCI) questioning the rational. Yesterday, Ambuja Cement had argued its matter. Recall on June 21, CCI had slapped Rs 6,307 crore penalty on 11 cement makers. The industry... Type: Article Category: Markets & Competition Holcim secures higher royalties from India units 19 February 2013 ACC, Ambuja shares rose after companies get shareholder nod for technology fees. (CW Group) India based ACC Ltd and Ambuja Cements surged after the companies received shareholders approval for paying technology fees to their parent company Holcim,... Type: Article Category: Financial India: Southern cement players see steady demand 19 February 2013 when compared with a year before. The southern firms fared better than their western counterparts such as ACC Ltd and Ambuja Cements Ltd, as sluggish demand and cost pressures hit the profitability of cement makers focused on western Indian markets, the... Type: Article Category: Markets & Competition East India - Tapping the regionÔÇÖs potential 17 February 2013 recent economic development, largely fueled by infrastructure spending, has many companies turning an eye to the region. Ambuja Cements recently announced that the company would set up a third unit in West Bengal in Bandel in the Hoogly district. The... Type: Article Category: Features Analysts keen on Ultratech, Holcim India units 11 February 2013 presence across the country, was also able to maintain profitability in the lean December quarter, in which ACC and Ambuja saw huge impact on margins. Valuations are also relatively reasonable. At current levels, ACC and Ambuja are trading at enterprise... Type: Article Category: Financial Morgan Stanley revises outlook for India cement majors 06 February 2013 Firm has downgraded majors to equalweight from overweight. (CW Group) Morgan Stanley has downgraded ACC, Ambuja Cements and UtlraTech Cement from 'overweight' to 'equalweight'. The brokerage is of the view that the positives for the sector are already... Type: Article Category: Financial Arrests made after Holcim plant mishap in India 04 February 2013 Five people were killed at plant in Bhatapara, India. (CW Group) Four officials at the Ambuja Cement unit have been arrested after an accident killed five workers at a plant in Bhatapara, reports Businessweek. Ambuja Vice President Sanjay Kumar... Type: Article Category: People Ambuja accident death toll rises to five 03 February 2013 has ordered probe on the deadly incident at Holcim India affiliate. ┬á (CW Group) The death toll in the accident at Ambuja Cement plant at Rawan in Chhattisgarh rose to five on Saturday, reports Zee News. The state government has ordered a magisterial... Type: Article Category: People India: Workers trapped as container collapses at Ambuja plant 01 February 2013 ┬á (CW Group) A couple of workers were trapped under the debris of a huge container carrying ash collapsed at the plant of Ambuja Cement at village Rawan in Balodabazar district of Chhattisgarh, reports the Times of India. Inspector General of Police G... 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