Freight Traffic Growth Hit; Is Slowdown On The Cards?
As railways mirror the pulse of industrial traction, it seems the once-steady drivers of growth are now losing steam.
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November 2024
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India’s core sector output rebounds by 2% in Sept
Improvement in the core sector's performance aided by easing of rainfall-related disruptions in sectors such as mining, electricity
Ambuja Cements shares surge 4% amid block deal buzz; promoter Adani family likely seller
Adani Group-owned Holderind Investments was looking to sell 2.84% stake in Ambuja Cements through block deal at a floor price of ₹600 per share.
JSW Cement files DRHP with SEBI to raise ₹4,000 crore via IPO
This is going to be the fourth company of Sajjan Jindal-promoted JSW Group to get listed on the domestic bourses after JSW Infrastructure in October last year.
India Cements shares surge 3% as UltraTech buys majority stake
The share price of India Cements has more than doubled in less than two months to ₹385.50, from its 52-week low of ₹172.55 touched on June 4, 2024.
RK Damani sells 6.91 cr shares of India Cements to UltraTech for ₹1,914 cr; stock falls 3%
Radhakishan Damani, the founder of DMart chain of hypermarkets, sold around 24% stake in India Cements to Ultratech Cement via block deals yesterday.
UltraTech to acquire 23% stake in India Cements for ₹1,885 cr; stocks hit their 52-week highs
UltraTech to buy up to 7.06 crore equity shares of India Cements at ₹267 per share, amounting to ₹1,885 crore.
Ambuja Cement shares jump 4% on deal to acquire Penna Cement
Ambuja will acquire 100% stake in Penna Cement from its promoter group, Reddy and family, at an enterprise value of ₹10,422 crore.
Ambuja Cements Q4 profit up 64% to ₹1,055 cr
The sales volume of Ambuja Cements improved by 17% to 16.6 million tonnes (MnT) during the quarter under review, as against 14.1 MnT in the March quarter of FY23.
UltraTech Cement Q4 profit surges 35% to ₹2,258 cr; stock up 3%
For the full year, the consolidated net profit after tax stood at ₹7,005 crore, up 38%, as against ₹5,064 crore in FY23.
