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CCI order may impact small cement players: Fitch
Last week, the Competition Commission of India (CCI) imposed penalty of Rs 6,307-crore on 11 cement companies. #Business/Finance #NewsTracker #Cement #ACC Limited
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CCI slaps Rs 6,300 cr fine on cement cos over cartelisation
The penalty on 11 companies would amount to Rs 6,300 crore, CNBC TV18 reported. Ambuja Cement, UltraTech, and India Cement are some of the companies penalised. #BreakingNow #BSE Sensex #Competition Commission of India #Cement #ACC Limited #Ambuja Cement Rajasthan Ltd
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Cartelisation: CCI delays order on cement cos by a day
CCI is redrafting certain portions of the final order which seeks to impose a penalty on eleven cement companies for inflating cement prices by forming a cartel #BreakingNow #Cement #India Cements #ACC Limited
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ACC's sales volume up, but profit down 57% on one-time charge
ACC Ltd, India's No 2 cement maker, reported a 57 percent fall in quarterly profit after a one-time charge, with higher costs of fuel and transportation also squeezing margins even as sales volumes rose. #Economy of India #EarningsShow #Cement #ACC Limited #cement producer #Holcim Ltd.
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IT bleeds, cement & aviation rally. Here's why
The US bank said it saw a potential for 20-40 percent rise in the share prices of the Ambuja Cements, ACC and UltraTech Cement on the back of rising profits. #Citigroup #Cement #ExpertView #ACC Limited #UltraTech Cement Limited #Ambuja Cements Ltd
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Chart: Why cement stocks have hit a lifetime high
Despite slowdown in the housing sector, rural market continues to see good growth which has resulted in a sharp jump in sales of cement by most of the cos. #ChartView #Cement #Ambuja #ACC Limited #UltraTech
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Shree Cement profit can jump 253%. Here's why & how of it
At a time when realty and infra are in doldrums, a robust performance by cement stock is surprising to many. #BSE Sensex #StockWatch #Cement #Deutsche Bank AG #ACC Limited #Shree Cement