Shree Cementswhich commenced operations at its first greenfield cement plant in Beawar, Rajasthan, in 1979, is India's second largest cement group with an operating capacity of 46.4 million tonnes per annum (mtpa) as on March 31, 2022.
By Viralvdoz
April 10 2023
Business
UltraTech Ltdis among the world's largest cement producers and the largest producer of gray cement, ready-mixed concrete (RMC) and white cement in India. It has a consolidated capacity of 121.5 mtpa including UNCL and Century cement business. It has 23 integrated plants, 27 grinding units and 8 bulk terminals.
By Viralvdoz
April 10 2023
Business
ACC Ltd
is a leading player in the Indian building materials sector with an operational and marketing presence across India. In 2006, Holcim, a major global cement producer, acquired management control of the Company. ACC became a member of the Adani Group in 2022.
By Viralvdoz
April 10 2023
Business
Ambuja cementsAmbuja Cements Ltd, originally called Gujarat Ambuja Cements Ltd, is one of India's major cement manufacturing companies. Ambuja Cements was part of the global conglomerate Lafarge Holcim, which acquired more than 50% stake in the company. In 2022, Ambuja Cement also became a member of the Adani Group.
By Viralvdoz
April 10 2023
Business
Key risks and takeaways for cement stocksWith the increase in infrastructure expenditure allocation in the current financial budget and the increase in real estate dynamics, the demand for cement has increased. Rising energy and fuel prices remain a key risk for cement companies in the near future. Additionally, any delays in capacity expansion plans and fears of another wave of COVID-19 could pose a major risk to cement companies.