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Niraj Cement Structural which saw highest volumes in the sensex , opened at 185 and then went to a low of 167 and saw a high of 197 or so closed at 190 or so .
Prism Cement net profit rises 16.01% to Rs 64.36 crore in the qtr end mar 2008 compared to 55.48 crore during prev Qtr end March 2007. Sales rose 13.24% to Rs 228.66 crore in the qtr end mar 2008 compared to 201.92 crore during prev Qtr end March 2007.
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Jaiprakash Associates Ltd went up today by 7 percent after it informed the market that has informed the market that the Company has signed the Shareholders’ Agreement with Steel Authority of India Ltd (SAIL) for setting up of 2.1 MTPA capacity slag-based Cement Plant at Bokaro Steel City, Jharkhand in Joint Venture through a Special Purpose Vehicle to be incorporated for the purpose
Andhra Cements rose 468.22% to Rs 18.24 crore in December quarter of 2007 as compared to Rs 3.21 crore in the QOQ of December 2006. Sales rose 73.46% to Rs 89.75 crore in December quarter of 2007 as compared to Rs 51.74 crore in the QOQ of December 2006.
UltraTech Cement rose 31.55% to Rs 279.49 crore in Qtr Dec 2007 compared to Rs 212.46 crore QOQ in Dec 2006. Sales rose 9.65% to Rs 1382.14 crore in Qtr Dec 2007 compared to Rs 1260.45 crore QOQ in Dec 2006.
Zuari Industries net profit rose 152.41% to Rs 30.92 crore in Dec 2007 Qtr compared to Rs 12.25 crore during the previous quarter ended December 2006. On the sales side it rose 12.40% to Rs 720.38 crore in Dec 2007 Qtr compared to Rs 640.91 crore during the previous quarter ended December 2006.
India Cements net profit rose 59.25% to Rs 127.05 crore in Dec 2007 Qtr compared to Rs 79.78 crore during the previous quarter ended December 2006. On the sales side it rose 56.19% to Rs 737.85 crore in Dec 2007 Qtr compared to Rs 472.41 crore during the previous quarter ended December 2006.
Shree Cements announced its Q3 FY08 result. It has posted standalone net profit of Rs 35 crore versus Rs 104 crore on YoY basis.During the same period, the company’s standalone net sales were seen up at Rs 523.6 crore versus Rs 364.5 crore, YoY.
Prism Cement has announced its Q2 of current financial year 2008 ,It has reported net profit of Rs 64.4 crore versus Rs 50 crore on the YoY basis. The company in the same quarters, reported net sales of Rs 228 crore versus Rs 190 cr, YoY.
Madras Cement has reported standalone net profit of Rs 120.9 crore for the quarter ended September 2007 as against Rs 90.1 crore in corresponding quarter of last year. Standalone net sales increased to Rs 500.2 crore from Rs 407.3 crore.The stock is currently trading at 4033 rs.
India cement announces a net profit of Rs 2226.50 million for the quarter ended September 30, 2007 where as the same was at Rs 1173.20 million for the quarter ended September 30, 2006. Total Income is Rs 8960.90 million for the quarter ended September 30, 2007 where as the same was at Rs 5915.00 million for the quarter ended September 30, 2006.We can see a huge increase in sales and profit this is die to the inclusion of Visaka Cement Industry Ltd accounts included into India cements account,so we cant really compare it to the QTR previous figure.
UltraTech cement in Q2 FY08 has announced a net profit of Rs 186 cr versus Rs 127 cr in the same quarter previous year. During the same QTR, its net sales were up at Rs 1173 crore versus Rs 1004 crore, YoY.
Ambuja Cements has posted growth of 19% in its net profit to Rs 292.5 crore for the quarter ended September versus Rs 244.6 crore in corresponding quarter of last year.Better than ACC but not sure how the market is going to take this.
Prism Cements September quarter, 07 net profit was up at Rs 51.8 crore versus Rs 22.15 crore on YoY basis. During the corresponding quarters, its net sales were up at Rs 193.09 crore versus Rs 159.46 crore.
August 2007
Cement production: 1.60 million tonnes VS Cement production: 1.33 million tonnes (2006)
Cement despatches: 1.57 million tonnes VS Cement despatches: 1.37 million tonnes (2006)
Cumulative - January - August 2007
Cement production: 13.44 million tonnes vs Cement production: 12.48 million tonnes (2006)
Cement despatches: 13.42 million tonnes vs Cement despatches: 12.46 million tonnes (2006)
We can see a 1 Million tonne increase in Production.All the Cement stocks where in lime light today after news of ioncrease in cement price.