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India's Ultratech reports higher Q2 profits 21 October 2012 Cement maker has now warned increase in production costs could narrow margins. ┬á (CW Group) India based Ultratech Cement reports its profits in the second quarter rose to almost double, but it has also warned higher material costs could hit margins... Type: Article Category: Financial India cement shares rise on expectations of strong quarter 15 October 2012 10% drop in landed price of coal, which will offset the domestic shortage, too. Analysts point to Ambuja Cements Ltd and UltraTech Cement Ltd as companies that may show the biggest margin expansion. But the margins may be lower than the preceding... Type: Article Category: Financial India asks for details on cement cartel case 14 October 2012 various facts about matters like production, dispatches and pricing. According to the report, the companies, which include UltraTech and ACC, have been asked to file their amended petitions with the tribunal within two weeks of getting the fresh order.... Type: Article Category: Markets & Competition Analyst gives buy rating for Ambuja Cement 09 October 2012 have seen some amount of cool off coming in ACC and there has been some amount of volatility observed in India Cement. But UltraTech and Ambuja Cements are looking significantly good and in terms of technical perspective and in terms of F&O perspective... Type: Article Category: Financial India cement makers seen posting Q2 profits 04 October 2012 pick-up across India from late-July, impacting construction activity. While volumes for large-caps ACC/ Ambuja Cement/ UltraTech are likely to grow in the range of (4)-2.0%, mid-caps Shree Cement/ JK Lakshmi Cement should report stronger growth of 20%... Type: Article Category: Financial India cement shares extend rally on rosy prospects 01 October 2012 (Rs 86, up 4.62 per cent), Ambuja Cement (Rs 209.85, up 3.91 per cent), India Cements (Rs 97.60, up 2.91 per cent), UltraTech Cement (Rs 2019.65, up 2.65 per cent) and Grasim Industries (Rs 3,396.45, up 2.44 per cent). In comparison, the BSE Sensex... Type: Article Category: Financial India Cement & Construction Materials, vol 1 / issue 8 01 October 2012 under pressure 26 M&A and Finance: CRH secures 51 percent interest in JaypeeÔÇÖs Gujarat plant 28 Projects and Expansions: UltraTech to increase capacity by 19 percent 25 People: HolcimÔÇÖs Ramit Budhraja promoted 30 Pakistan wants government help to... Type: Article Category: India Cement & Construction Materials journal Research firm optimistic on select cement issues 29 September 2012 Research firm expects increases in the valuation for Ultratech, ACC, and Ambuja Cements. (CW Group) Indian research firm Prabhudas Lilladher says it expects a further leap in valuations of the UltraTech Cement , ACC and Ambuja Cements, reports Money... Type: Article Category: Financial Dalmia acquires Adhunik Cement 28 September 2012 Adds on Assam-based cement unit, beating out Ultratech. ┬á (CW Group) Dalmia Bharat Enterprises Limited has acquired Adhunik Cement Limited for R560 Cr through its subsidiary - Dalmia Cement Bharat Limited. According to BSE filings, the acquisition and... Type: Article Category: Mergers & Acquisitions India: Pennar Industries secures fresh contracts 17 September 2012 Company will deliver bulk handling products to Ultratech, Kirloskar, among others. ┬á (CW Group) India based Pennar Engineered Building Systems says it has secured INR 60 crore worth of contracts from the likes of Ultratech Cements and Kirloskar... Type: Article Category: Markets & Competition India serves notice to CCI on cartel fines 13 September 2012 Competition Commission and the BuildersÔÇÖ Association of India, reports First Post. It is currently hearing an appeal by UltraTech and ACC, on the fair trade regulator's imposition of a penalty of Rs 6,307 crore on 11 cement firms on charges of... Type: Article Category: Markets & Competition India cement volumes seen rising in FY13 13 September 2012 operating efficiencies and maintaining margins," the brokerage firm said. Motilal Oswal observes that Ambuja and Grasim/Ultratech among large-caps and Shree Cement among mid-caps are the bright performers in the industry, the report said. Copyright CW... Type: Article Category: Volume & Pricing Ultratech Cement seeking syndicated loan 12 September 2012 India based firm has tapped Sumitomo Mitsui for a deal worth as much as $100 mm. ┬á (CW Group) Ultratech Cement has tapped Sumitomo Mitsui Banking Corp for a syndicated loan, reports Reuters. One source said the deal size is between US$50m and US$100m.... Type: Article Category: Financial India cement firms to appeal cartel fines 10 September 2012 up for hearing on September 13. The major companies on which penalty was imposed included ACC Ltd, Ambuja Cements Ltd, UltraTech Cement Ltd and Jaiprakash Associates Ltd. The companies were fined in excess of Rs 1,000 crore each. According to the... Type: Article Category: Markets & Competition Ultratech to focus more on domestic market 04 September 2012 India based firm says it plans to keep exports flat in the coming years. (CW Group) India based UltraTech Cement will keep its exports flat for the next few years, according to its chairman. "We want to focus on the domestic market. Our export growth... Type: Article Category: Markets & trade Ultratech to focus more on domestic market 03 September 2012 India based firm says it plans to keep exports flat in the coming years. ┬á (CW Group) India based UltraTech Cement will keep its exports flat for the next few years, according to its chairman. ┬á "We want to focus on the domestic market. Our export... Type: Article Category: Markets & Competition Birla asks for government help to weather slowdown 02 September 2012 India cement makers face soaring input costs, slowing demand. ┬á (CW Group) India's Ultratech says the cement industry needs government help to weather a tougher domestic climate, reports the Hindu Business Line. ┬á According to Kumar Mangalam Birla,... Type: Article Category: Markets & Competition Ultratech Cement looking to expand production 30 August 2012 Firm expanding even as market remains challenging. (CW Group) India based Ultratech says it wants to expand production further, even amid stiffer competition, reports My Digital FC. It is planning a 19% increase in capacity by the next fiscal year, its... Type: Article Category: Plant Expansions Index inclusion lifts UltraTech to 52 week high 17 August 2012 Firm had been listed under Nifty, along with Lupin Ltd. ┬á (CW Group) India based UltraTech Cements Ltd rose a little over 1% to hit its 52-week high of Rs 1,733.40 after it was included in the 50-share Nifty, reports the Hindu Business Line. ┬á The... Type: Article Category: Financial Ultratech planning bond placement 16 August 2012 Report says firm plans to raise 2.5 bn rupees from the sale. ┬á (CW Group) Ultratech Cement looking to raise as much as 2.5 billion rupees by selling 5-year bonds at 9.15 %, reports Reuters. ┬á HSBC Bank is the sole arranger to the deal, said the... 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