Grasim targets Rs 2 lakh crore revenue by FY27: chairman
Grasim Industries is set to reach a consolidated revenue of Rs 2 lakh crore in FY27, nearly double the level five years ago, Chairman Kumar Mangalam Birla said at the company's 79th…
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Cement makers see 7-8% growth despite West Asia headwinds
Leading cement manufacturers expect the industry to grow 7-8% in FY27, driven by government infrastructure spending, housing demand and urbanisation, according to executives' comments in latest earnings calls. UltraTech Cement CFO Atul…
Pilani Investment sells 0.85% UltraTech Cement stake for Rs 2,896 crore
Pilani Investment and Industries Corporation sold 25 lakh UltraTech Cement shares, or 0.85% of the company, for Rs 2,896.25 crore through block deals on Thursday, The Hindu BusinessLine reports. The shares changed…
Pilani Investment to sell UltraTech stake worth Rs 1,909 crore
Pilani Investment and Industries Corporation will sell 1.7 million shares of UltraTech Cement through a block deal on Thursday at a floor price of Rs 11,481 apiece, a 3% discount to Wednesday's…
Cement, FMCG firms see demand revival, price hikes cushioned
Cement makers expect industry volume growth of 7-8 per cent in FY27, driven by government infrastructure spending and housing demand, despite higher fuel and freight costs linked to the West Asia crisis.…
