Company Overview and News

 
SHREE CEMENT LIMITED - Disc. under Reg.30 of SEBI (SAST) Reg.2011

2018-04-05 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.
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‘Lack of transparency in Binani Cement bidding process’

2018-03-22 thehindubusinessline
UltraTech Cement, the country’s largest cement company, is in a pitched battle against Dalmia Bharat Cement to acquire the 10-million-tonne of stressed Binani Cement asset. UltraTech surprised the market first by increasing its bid by ₹700 crore to ₹7,266 crore at the eleventh hour and followed it up by signing a deal with Binani Cement to buyout the asset out-of-court. KK Maheshwari, Managing Director, UltraTech Cement, spoke to BusinessLine on the developments and way ahead.
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UltraTech gears up for legal war over Binani Cement sale

2018-03-15 thehindubusinessline
UltraTech Cement, an Aditya Birla Group company, has expressed surprise over lenders announcing Dalmia Bharat-led consortium as the highest bidder for stressed Binani Cement asset without considering its revised bid of ₹7,266 crore.
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These 6 stocks gave at least 15% return annually during FY15-17 despite high P/E

2018-02-28 moneycontrol
After reaching its all-time high of 36,443.98, Sensex has recently corrected nearly 5.5 percent on the back of weak global cues and firm bond yields.
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Train shortage, power demand to drive resurgence in India's coal imports

2018-02-22 in.reuters
BAMBOLIM, India (Reuters) - Caught between logistical bottlenecks and surging demand from power plants, India will likely increase coal imports in 2018, industry executives said, in what would be a setback to the government’s plans to cut the country’s dependence on foreign supplies.
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SHREE CEMENT LIMITED - Reply to Clarification Sought

2018-02-20 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.
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SHREE CEMENT LIMITED - Clarification

2018-02-19 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.
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Closing Bell: Sensex, Nifty end off day#39;s low; RIL, Infosys, Axis Bank rebound

2018-02-19 moneycontrol
3:30 pm Market Closing: Benchmark indices closed below their 100-day moving average, with the Sensex losing 236.10 points to 33,774.66 and the Nifty down 73.90 points at 10,378.40 after recovered from day's low.
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Market Live: Sensex dips 300 pts, Nifty below 10,400; banks, metals drag

2018-02-19 moneycontrol
3:18 pm Market Update: Benchmark indices recovered from day's low as Reliance Industries, Infosys, Axis Bank, Kotak Mahindra Bank, HDFC Bank and Yes Bank traded in the green.
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SHREE CEMENT LIMITED - Updates

2018-02-19 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.
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SHREE CEMENT LIMITED - Updates

2018-02-15 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.
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Stellar performance in Q4: ACC posts 126% surge in profit, shares up 6.4%

2018-02-08 business-standard
The trinity of strong volumes, cost optimisation and favourable product mix helped ACC post a stellar performance for the quarter ending December'17, its fourth quarter as the company follows a January-December financial year. These helped ACC post a 126 per cent year-on-year surge in net profit to Rs 2.06 billion, much head of Bloomberg consensus estimate of Rs 1.65 billion. Thus, it is not surprising that ACC's share price surged 6.
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Shree Cement goes abroad after land acquisition woes hit projects at home

2018-01-28 business-standard
Shree Cement decided to venture abroad in the UAE after acquiring the Union Cement Company (UCC) for an enterprise value of $305.24 million because the company was facing the slow pace of land acquisition in the country, which delays the projected completion date of putting up cement plants. Shree Cement Managing Director H M Bangur reasoned that the company had a near Rs 40 billion cash balance, which was stockpiling, and was faced with two options -- either invest in some venture that would assure growth and higher returns for the shareholders or pay off the balance as dividends.
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Cautious traders roll over short positions ahead of Budget

2018-01-25 thehindubusinessline
The Nifty 50 witnessed a rollover of 65 per cent but the Nifty 50 February contracts closed at a discount of seven points at 11,062.60, against the Nifty spot close of 11,069.65. This signals, that ahead of the Budget, traders had rolled over short positions to the February derivative series.
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