Gainers & Losers: GRSE, Vedanta among 8 big movers on Wednesday
Indian markets closed higher led by auto, FMCG, and IT stocks. Strong Q4 earnings drove gains in GRSE, CEAT, and Vedanta, while REC, Cohance Lifesciences, and India Cements declined.
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India Cements' profit jumps fourfold to ₹59 crore in Q4 FY26
India Cements Ltd. witnessed a significant surge in its March quarter net profit, soaring to Rs 59.5 crore from Rs 14.67 crore a year ago. This impressive growth was fueled by a substantial 18% increase in domestic sales volume and improved sales realization.
cityfalcon.com
Lucky numbers and collusion: How an Indian cement cartel came unstuck
A five-year probe uncovered a decade of price collusion by Indian cement companies. Dalmia Bharat, Shree Digvijay, and India Cements allegedly fixed prices for ONGC tenders. Evidence includes communications and admissions. The Competition Commission of India is investigating. Firms face potential fines up to three times profits or 10% of turnover annually.
cityfalcon.com
UltraTech charts Rs 2,000cr capex for India Cements
Chennai: UltraTech Cement has said that it is undertaking capital expenditure of about Rs 2,000 crore over the next two years for its subsidiary, Indi.
cityfalcon.com
India Cements Q3 Results: UltraTech-owned co's loss narrows to Rs 5.72 cr on higher sales volumes
India Cements posted a smaller third-quarter loss on Friday compared to a year earlier, helped by a 25% jump in sales volumes as parent UltraTech Cement ramps up capacity to meet an uptick in demand.
cityfalcon.com
UltraTech’s Stake Sale Lifts India Cements To Record High; SEBI Analyst Flags Momentum Triggers
UltraTech Cement plans to offload 6.49% in India Cements through a 2-day OFS.
Stocktwits
Indian Markets Rangebound In Early Trade; Nifty Holds Above 25,000
Gains in realty and finance stocks were offset by losses in FMCG and IT shares
Stocktwits
Trading Radar For August 21: Vedanta, Zee Entertainment, Clean Science, India Cements, Railtel Are On Stocks Watchlist
Gem Aromatics, Patel Retail, Shreeji Shipping Global, Vikram Solar, and Mangal Electrical Industries IPOs are currently open for subscription
Stocktwits
India Cements Chart Signals Strength Ahead Of Q1 Earnings: SEBI RA Deepak Pal
India Cements is trading above key moving averages with sustained momentum, suggesting short-term upside.
Stocktwits
Trading Radar For July 7: Dabur, Adani Enterprises, UltraTech Cement, BEML, And RVNL Are On The Watchlist
Keep an eye out for IndusInd, IDBI, and Bank of India, which posted their Q1 provisional updates