Asian Granito India Targets Rs 55 Billion by 2030 with Diversified Building Materials Strategy
To reinforce its market position and accelerate consumer pull, AGL has invested heavily in brand-building initiatives. The company recently signed Bollywood actor Ranbir Kapoor as its brand ambassador and launched the “Premium Ka Pappa” campaign. This move is aimed at shifting the company’s strategy from a traditional push-based sales model to a pull-driven, aspirational approach […]
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CCI Clears Dalmia Cement’s Bid to Acquire Jaiprakash Associates
The Competition Commission of India (CCI) has approved Dalmia Cement (Bharat) Limited’s plan to buy 100% of Jaiprakash Associates Limited (JAL). JAL is currently going through insolvency proceedings under the Insolvency and Bankruptcy Code (IBC), 2016. This approval is an important step, but the final decision will be made by the committee of creditors (CoC), […]
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India Plans ₹150 Billion Green Steel Mission with Procurement Mandates
The Ministry of Steel is preparing a ₹150 billion Green Steel Mission to cut emissions and push the sector towards net-zero. The plan is expected to include a PLI scheme, incentives for using renewable energy, and a mandate for government agencies to procure green steel—steel made with much lower carbon emissions than conventional methods. A […]
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Euro Panel Products Becomes First Indian ACP Maker Listed on Both NSE and BSE Mainboards
Euro Panel Products, the maker of EUROBOND aluminium composite panels (ACP), has become the first Indian ACP company to be listed on both the NSE and BSE main markets. Earlier, it was listed on the NSE Emerge SME platform, and now it has moved to the main exchanges — a big step in its growth […]
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Keonjhar Mega Steel Plant Project Moves Forward, Confirms CM Majhi
Shree Cement, India’s third-largest cement producer by capacity, reported a robust financial performance for the quarter ended 30 June 2025. The company’s standalone revenue rose 2 per cent year-on-year to Rs 4,948 crore, while EBITDA grew 34 per cent to Rs 1,229 crore. Net profit surged 95 per cent to Rs 619 crore during the […]
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Shree Cement Reports Strong Start to FY26
Shree Cement, India’s third-largest cement maker, reported strong results for the April–June 2025 quarter. The company’s revenue rose 2% to ₹4,948 crore from ₹4,835 crore a year ago. EBITDA grew 34% to ₹1,229 crore, while net profit nearly doubled—up 95% to ₹619 crore from ₹318 crore last year. Cash profit also increased by 24% to […]
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JK Lakshmi Cement Merges Udaipur Cement Works to Boost Efficiency and Growth
JK Lakshmi Cement, one of India’s major cement companies and part of the JK Organisation, is merging its subsidiary Udaipur Cement Works (UCWL) into the main company. The boards of both companies have approved this plan. The merger will make the company’s structure simpler, cut costs, and help both teams work together better. It will […]
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UltraTech Cement Unveils ₹100 Billion Growth Plan for FY26, Targets Major Capacity Expansion
UltraTech Cement, part of the Aditya Birla Group, has announced a capital expenditure of up to ₹100 billion for FY26. The investment will target expanding production capacity, boosting energy efficiency, and enhancing overall operational performance. This move comes as cement demand in India continues to grow, fuelled by infrastructure development and rapid urbanisation. For FY26, […]
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Saurashtra Cement Jumps 9% After Losing Streak, Outperforms Market in July
On 29 July 2025, Saurashtra Cement surged 9.16 per cent after four straight sessions of losses, hitting an intraday high of ₹110.99—a peak gain of 9.21 per cent. The stock saw notable intraday volatility of 6.71 per cent (based on weighted average price) and is trading above its 5-, 20-, 50-, 100-, and 200-day moving […]
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JK Cement Launches Eco-Friendly LC-3 Cement with 40% Lower Carbon Emissions
JK Cement has started making and selling a new type of cement called Portland Calcined Clay Limestone Cement (LC-3) at its Mangrol plant in Chittorgarh, Rajasthan. This cement is made under the IS 18189:2023 standard and has approval from the Bureau of Indian Standards (BIS). LC-3 is better for the environment because it produces up […]
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