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India's Rajasthan expanding cement capacity 11 July 2013 YoY. There are a total of 500-600 cement dealers across the state. The prominent brands in the state are Ambuja Cements, UltraTech, Binani, JK Lakshmi, Shree Cement and JK Cement & Wonder Cement. Ambuja Cements sells approximately 90% of its production... Type: Article Category: Plant Expansions Ultratech Cement lines up new cement plant 09 July 2013 content you tried to access is only available to paid subscribers.","link":"1"}]In India, Ultratech Cement is looking to build a Rs 2,500-crore greenfield cement plant in Tamil Nadu, reports the Hindu Business Line. ┬á The public hearing for the project... Type: Article Category: Plant Expansions India cement sector expected to see weaker Q1 03 July 2013 downgrade cycle is likely to continue even in Q1FY14. We cut our FY14-15E EBITDA by 9-10% for ACC/ACEM and 3-5% for UltraTech / Shree Cement / Madras Cement / JK Lakshmi Cement and revise our target price by rolling it on to Jun'15E. Our positive stance... Type: Article Category: Markets & Competition UltraTech Cement looking at fresh dividend payout 26 June 2013 Payment of dividend still subject for approval at AGM. ┬á (CW Group) UltraTech Cement says the payment of dividend, if approved at the annual general meeting (AGM), will be made on or after July 30, 2013, reports My Iris. ┬á The stock had... Type: Article Category: Financial Jaypee Cement nixes plan to sell Gujarat unit 20 June 2013 selling the Gujarat unit,ÔÇØ Ashutosh Kumar, Joint President (Marketing), Jaypee Cement, said. According to the report, UltraTech Cement was reportedly in talks to buy the companyÔÇÖs 4.8 mt cement plant in Gujarat and valuations of the deal were... Type: Article Category: Mergers & Acquisitions Positive outlook for Shree Cement 17 June 2013 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 outperformance can be... Type: Article Category: Financial India Cement & Construction Materials, vol 1 / issue 12 16 June 2013 31 People: Shree Cement bags award 32 Projects and Expansions: New cement plant construction projects 34 M&A and Finance: UltraTech eyes JaypeeÔÇÖs Gujarat plants 36 Update: Equipment Highlights 38 Regional News: PakistanÔÇÖs cement sales affected by... Type: Article Category: India Cement & Construction Materials journal Analysts: India cement prices not yet out of the woods 10 June 2013 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, have dipped since... Type: Article Category: Volume & Pricing India: Supreme Court asks CCI, BAI to respond 10 June 2013 Ultratech had earlier asked Court for stay on order to deposit 10% of Rs 6,300 penalty. ┬á (CW Group) India's Supreme Court has asked CCI and Builders Association of India to respond to the plea of Ultratech Cement Ltd against an order of Competition... Type: Article Category: Markets & Competition India: Cement firms turned in dissapointing Q1 29 May 2013 margins was visible in the performance of cement companies in the quarter ended March, reports the Business Standard. ┬á UltraTech saw its sales volumes fall 3.3 per cent to 11.4 million tons (mt), the sales volume of ACC declined 4.5 per cent to 6.4... Type: Article Category: Financial India cement makers anticipate rising demand 15 May 2013 as they expect demand to pick up next year ahead of the national elections, reports Live Mint. ┬á Lafarge India, ACC Ltd, UltraTech Cement Ltd and Dalmia Bharat Ltd are expanding capacity. Expansion plans worth Rs.8,522 crore have been announced since... Type: Article Category: Markets & Competition Ultratech sets spending budget for Rajasthan 05 May 2013 [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]UltraTech has set aside Rs 2,000 crore for its expansion plans in Rajasthan, reports the Economic Times. ┬á UltraTech plans to expand... Type: Article Category: Plant Expansions UltraTech to buy Jaypee's Gujarat plant 23 April 2013 [PAID={"id":"1,2,3,4,5","title":"The content you tried to access is only available to paid subscribers.","link":"1"}]UltraTech is now in final discussions to acquire Jaiprakash Associates 4.8 million ton cement plant in Gujarat for an enterprise value... Type: Article Category: Mergers & Acquisitions India cement makers seen cutting spending budget this year 22 April 2013 revival in homebuilding and construction, reports Reuters. ┬á This also comes after India's biggest cement maker UltraTech Cement reported a 16.3% year-on-year fall in quarterly profit, which it ascribed to an increase in railway freight costs and... Type: Article Category: Markets & Competition India Cement & Construction Materials, vol 1 / issue 11 12 April 2013 CementÔÇÖs Wholetime Director 26 Projects and Expansions: HeidelbergCement India continues expansion 28 M&A and Finance: Ultratech negotiates new acquisition 30 Update: Haver & Boecker invests in Brazil 31 Regional News: Increased debt of Pakistani... Type: Article Category: India Cement & Construction Materials journal India: Cement industry likely to post higher 2013 profits 09 April 2013 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 Flat sales for India's Ultratech in March 04 April 2013 Firm says production rose for the period, even as sales were stagnant. ┬á (CW Group) India based Ultratech Cement sold 4.01 million tons of cement during March against the same sales in the previous corresponding month, reports Business Standard. ┬á... Type: Article Category: Volume & Pricing Ultratech Cement commissions new clinker unit 25 March 2013 Firm has also installed new grinding unit to expand its capacity. ┬á (CW Group) India based UltraTech Cement recently commissioned a clinker plant with an installed capacity of 3.3 mtpa at Raipur, Chhatisgarh, reports Money Control. ┬á It also... Type: Article Category: Plant Expansions Ultratech Cement restarts production at Awarpur plant 19 March 2013 Labor strike had crippled production at the cement unit. ┬á (CW Group) UltraTech Cement says it has resumed production at Awarpur plant in Maharashtra, reports the Business Line. ┬á The plant was shut on March 1 due to labor strike. The plant has a... Type: Article Category: Markets & Competition Credit Suisse: India cement margins to rise 11 March 2013 to the report, Credit 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... 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