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Bricks & Mortar Cement Latest NEWS

JK Lakshmi Cement Outperforms Sector with 6% Stock Rally

On December 2nd, 2024, JK Lakshmi Cement, a midcap player in India’s cement industry, saw a significant uptick in its stock price, gaining 6.07% in

Bricks & Mortar Cement Latest NEWS

Cement Stocks Rally as Demand Picks Up for December

On December 2, cement stocks experienced a notable rally, led by UltraTech Cement, which surged over 3% and topped the Nifty 50 gainers list. The

Bricks & Mortar Cement Latest NEWS

Surge in Cement Stocks: What’s Behind the Rally?

On Monday, shares of cement companies experienced a significant surge, with stocks like UltraTech, JK Lakshmi Cement, Mangalam Cement, and Shree Cement posting impressive gains

Bricks & Mortar Cement Latest NEWS

NCB Partners with Global and Local Entities to Propel Decarbonisation in Cement Sector

In a significant move towards advancing sustainability in India’s cement industry, the National Council for Cement and Building Materials (NCB), under the Ministry of Commerce

Bricks & Mortar Cement Latest NEWS

Ambuja Cements Partners with Coolbrook to Drive Decarbonisation, Shares Rise Nearly 1%

Shares of Ambuja Cements, part of the Adani Group, increased by nearly 1% to ₹542.80 on the Bombay Stock Exchange (BSE) following the announcement of

Bricks & Mortar Cement Latest NEWS

Cement Stocks Surge After ICICI Securities Upgrades Five Major Players

Cement stocks have seen a notable surge, rallying over 5% on the Bombay Stock Exchange (BSE), following a sector-wide upgrade by ICICI Securities. The brokerage

Bricks & Mortar Cement Latest NEWS

Cement Industry Awarded for Sustainability Efforts at 18th NCB International Conference

The Indian cement industry has been lauded for its sustainability initiatives, earning recognition for being both water-positive and plastic-negative. This acknowledgment came during the 18th

Bricks & Mortar Cement Latest NEWS

Jefferies Optimistic About Cement Sector Recovery, Picks UltraTech and JK Cement

Jefferies has expressed optimism about the recovery prospects for Indian cement companies in the second half of the current fiscal year. Based on its interactions

Bricks & Mortar Cement Latest NEWS Steel

Cement and Steel Sectors Face Concerns Over Inventory Drawdown

Recent data from the Ministry of Statistics and Programme Implementation reveals a concerning trend across key sectors, including cement and steel. While consumption in these

Bricks & Mortar Cement Latest NEWS Steel

Cement and Steel Inventory Drawdown Sparks Market Concerns

The core sectors of cement and steel are witnessing an unusual trend—rising consumption without a proportionate increase in production. This has led to inventory drawdowns,