Industry: Cement

The Cement Manufacturers’ Association (CMA), which represents cement companies, has signed a Memorandum of Understanding (MoU) with the federation of major trade unions, including INTUC and AITUC.
Jan. 30, 2019, 11:33 a.m.

We maintain our Underweight stance on Cement Sector as stretched valuations overlook the weak earnings outlook. Street is negatively surprised with the muted prices in a scenario of firm demand.
Jan. 16, 2019, 11:37 a.m.

We expect the cement companies in our coverage universe to report a tepid performance in the quarter ended December 2018, with average EBITDA margin at 15.4% versus 16.9% in the quarter ended December 2017.
Jan. 9, 2019, 11:35 a.m.

The percentage of houses sanctioned under the PMAY scheme has increased rapidly from 17% in Dec’17 to 31% in Dec’18. The completion rate has also increased from 16% to 47% during the same period.
Jan. 1, 2019, 11:16 a.m.

All-India retail cement prices were a tad down MoM/YoY at Rs307/bag in December 2018 (from Rs311/bag in November 2018 and Rs310/bag in December 2017).
Dec. 31, 2018, 11:49 a.m.

Video article on Cement Prices Fall For Fifth Straight Month.
Dec. 26, 2018, 10:15 a.m.

Homebuyers will not benefit much if the Goods and Services Tax (GST) on cement is reduced to 18 per cent from 28 per cent, as recently hinted by Finance Minister Arun Jaitley, said experts.
Dec. 25, 2018, 3:24 p.m.

Corporate View | Don't think construction activity will be impacted by general elections. Capacity utilization in 2019 may cross 80%, says N. Srinivasan,
Dec. 23, 2018, midnight

In line with our expectation, cement prices remained weak against the consensus expectation of rise in prices post Diwali.
Dec. 11, 2018, 11:36 a.m.

We toured Hyderabad to meet some cement players and real estate consultants to understand the demand environment in that market.
Dec. 7, 2018, 11:14 a.m.