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JSW Cement's offer of Rs 60 billion emerges as highest bid for Binani

2018-01-17 business-standard
JSW Cement has emerged as the highest bidder for Binani Cement, with Indian lenders not taking any haircut on their debt. According to a source close to the development, JSW Cement’s offer of approximately Rs 60 billion was better than its nearest rivals, Ultratech Cement and Piramal-Bain stressed asset fund. Mumbai-based billionaire stock brokers Rakesh Jhunjhunwala and Radhakishan Damani also made a joint bid for the firm and offered to match competitive bids. (1-0)

Investors wary of Shree Cement’s plan to buy plant in the UAE

2018-01-15 livemint
Kolkata: Investors and analysts are not impressed with Shree Cement Ltd’s plans to acquire a 4-million tonne cement plant in the United Arab Emirates for an enterprise value of $305 million, or Rs1,945 crore at current exchange rates. (1-0)

Shree Cement’s UAE acquisition: less than what meets the eye

2018-01-15 livemint
The Shree Cement Ltd stock took a beating on Friday, correcting more than 3%. In the December quarter, the firm’s cement volumes grew moderately; realizations were weak and its power and fuel costs continued to surge. But these issues are not new and were already baked into Street expectations. So, what has weighed on the stock? It’s the cement maker’s first foreign acquisition.

SHREE CEMENT LIMITED - Analysts/Institutional Investor Meet/Con. Call Updates

2018-01-15 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Deals Buzz: NCLT adjourns insolvency case against Reliance Naval by IFCI to 18 January

2018-01-12 livemint
Mumbai: Mint brings to you your daily dose of top deals reported by newsrooms across the country. (4-0)

Shree Cement acquires UAE#39;s Union Cement for $305 mn

2018-01-12 moneycontrol
Shree Cement today said its board approved acquisition of majority stake in the UAE-based Union Cement Company (UCC) for USD 305.24 million.

Shree Cement to buy 93% stake in UAE-based Union Cement for $305 million

2018-01-11 livemint
Kolkata: Shree Cement Ltd on Thursday said it had agreed to acquire a 92.83% stake in Union Cement Co. PSC, a United Arab Emirates-based firm, for an enterprise value of $305.24 million (Rs1,945 crore).

SHREE CEMENT LIMITED - Outcome of Board Meeting

2018-01-11 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

Shree Cement net profit jumps 42%

2018-01-11 thehindubusinessline
Shree Cement has reported a 41.58 per cent increase in its standalone net profit at Rs 333.33 crore for the quarter ended December 31, 2018, mainly on account of higher income.

SHREE CEMENT LIMITED - Financial Result Updates

2018-01-11 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

SHREE CEMENT LIMITED - Outcome of Board Meeting

2018-01-11 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

SHREE CEMENT LIMITED - Dividend

2018-01-11 nseindia
The information displayed herein is uploaded by the concerned Company. The said uploaded information is displayed without any verification of adequacy, accuracy and veracity. The Exchange in discharge of its role of dissemination of uploaded information on this website immediately on its receipt. The Company shall be solely responsible and liable for any omission, commission, errors and misrepresentations in the contents of the Information.

TCS, IndusInd Bank, Shree Cement results

2018-01-10 thehindubusinessline
Three major companies - Tata Consultancy Services, IndusInd Bank and Shree Cement - will declare their third quarter and nine-month period results on Thursday. (3-0)

Markets will inspect macro data, Q3 nos

2018-01-08 freepressjournal.in
Mumbai : The upcoming quarterly results season, along with the release of macro-economic data on industrial production and inflation, are expected to determine the trajectory of key equity indices this week. According to market observers, global cues such as crude oil prices, combined with the direction of foreign fund flows and the rupee’s movement against the US dollar, will also impact investors’ risk-taking appetite. (4-0)

Petcoke issues could nudge cement firms towards coal

2017-12-28 business-standard
Although petcoke continues to remain the preferred fuel of cement companies despite the recent import duty hike, the uncertainties around it could impel a movement back towards coal. (5-0)