Kalpataru Projects International Limited (KPIL), a leading global infrastructure EPC company, announced its results for the quarter ended June 30, 2024. Financial Highlights of Q1 FY25 – Consolidated The company’s revenue increased by 8.2% year-on-year to ₹4,587 crores, driven by the Transmission & Distribution (T&D) and Building & Factories (B&F) businesses. The EBITDA stood at …
In the midst of the recent market turbulence and subsequent recovery, strategic portfolio diversification stands out as a wise choice. Within this market turmoil, a notable figure in the cement industry stands out as it experiences a trend reversal price pattern breakout. JK Lakshmi Cement Ltd. is a prominent player in the cement sector, specializing …
India Cements, a stalwart in the cement manufacturing sector of the Indian subcontinent, is embarking on a strategic financial manoeuvre to secure its operational and expansion goals. With plans to raise a substantial ₹750 crore through bonds, the company has positioned itself at the nexus of industry challenges and forward-looking capital investments. This decision, orchestrated …
Dalmia Bharat Limited, one of the leading cement manufacturers, recently released its results for the quarter and year ended March 31, 2024. During FY2024, the company witnessed a growth of 11.8% on a YoY basis to 28.8 MnT. The installed cement capacity rose by 15.6% YoY to 44.6 MnT, and it has been recognised as …
The cement sector plays an important role in the development of the country’s infrastructure while it also plays a critical role in fulfilling one of the most important basic human needs, i.e Housing. While infrastructure accounts for ~26-27% of the cement consumption in India, Housing (both Urban and Rural) which also includes low-cost housing, accounts …
During the final trading session of the week, the Nifty index started negatively influenced by global cues. However, it managed to recover from initial losses and reached a new all-time high. Following this remarkable achievement, a sudden wave of profit booking caused a sharp decline, and the index is currently trading near its lowest levels …
Buckle up and forget the snooze-fest of balance sheets; we’re diving into the riveting world of Capex growth. Picture this as the stock market’s version of a blockbuster movie – with Mphasis flexing its Salesforce muscles, Finolex Cables stretching its communication cords, and Century Plyboards planning a boardroom revolution. Grab your popcorn, because these Capex …
The global chemicals sector faces a challenging landscape in 2024, characterized by weak demand and abundant supply, as per Fitch Ratings’ neutral outlook. Despite bottom-of-the-cycle conditions in 2023, the industry is expected to grapple with constrained volumes and margins, with little to no recovery anticipated. High uncertainty further adds complexity to the sector’s trajectory, setting …
Interestingly, the Chemical Sector has attracted Rs 423 crore in investments. DespiteIn stock market participation, Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) hold substantial significance. Their investing patterns wield considerable influence due to their substantial financial capabilities and robust analytical teams. Observing their movements can provide valuable insights, as their entry or exit …
The Indian chemical industry is divided into two main segments: basic chemicals and speciality chemicals. Basic chemicals include petrochemicals, fertilizers, and inorganic chemicals. Speciality chemicals include agrochemicals, pharmaceuticals, and dyes. India is the world’s sixth-largest producer of chemicals and the third-largest producer in Asia. The industry is expected to grow at a CAGR of 9% …
