Pulled down by a excessive base impact regardless of a robust present from coal and electrical energy sectors, the nation’s eight core industries output progress slid to a 20-month low at 4 per cent in June. This newest studying — seen by some economists as a passable progress —was decrease than the core industries progress … Read more
Shree Cement launched Bangur Concrete ,commissioning its first Greenfield Prepared Combine Concrete (RMC) plant in Hyderabad. The plant has a capability of 90 cubic meters per hour. Additionally learn: Shree Cement commissions new klin at Rajasthan at ₹3,500 cr The commissioning of the state-of-the-art unit “aligns with the corporate’s imaginative and prescient to emerge as a multi-product participant’‘ within the core cement … Read more
India Inc confronted one in all its hardest quarters in Q1 FY23. Crude derivatives, metals and logistic prices have been concurrently at peaks within the quarter together with a weak rupee which affected imports. We took a have a look at the outcomes and the adjoining commentary in related sectors to evaluate the injury. Unsurprisingly, … Read more
Cement firms have been hit laborious within the June 2022 quarter, with mixture income for listed gamers falling about 22 per cent yr on yr. Whereas fairly good quantity development and worth will increase helped mixture gross sales develop 24 per cent yr on yr, value pressures, particularly from rise in energy and gas prices, … Read more
After registering a number of index highs, India Inc bears the load of excessive expectations. From margin growth to a number of growth, the benchmark index at present ranges is baking in a close to blue-sky situation. Whereas income and earnings development potential are repeatedly scrutinised, what flies below the radar is the steadiness sheet … Read more
The mix of an in depth 978-km nationwide waterways and a thriving cement and energy plant sector guarantees to bestow on Andhra Pradesh a singular benefit. The AP Inland Waterways Authority (APIWA) is taking on a slew of initiatives to ease the motion of cargo for main industries within the state. In response to … Read more
Nifty might hit the 24200 stage in 2024, pushed by heavyweight shares from the BFSI, auto, cement and healthcare sectors, ICICIdirect has mentioned in its newest Quant Yearly Outlook report. The Nifty was up by 119.10 pts or 0.56 per cent at 21,379.10 as of 11:30 am on Friday. The Nifty 50 pack was at … Read more