Cement companies
Cement prices across the country have been corrected by around Rs 7-10 per bag. The price came down due to subdued demand, as construction activities are yet to pick up because of the delayed monsoons. However, it is expected that by October the festival gaiety will lead to an improved sentiment amongst consumers and hence [...] Continue Reading »
The Competition Commission of India (CCI) has levied Rs 6300 crore penalty on 11 cement companies and it has yet to consider a surplus of cases against builders. In the case of DLF, CCI looked at the relevant market as ‘high-end residential’ in Gurgaon while it looked at the relevant market as ‘residential accommodation’ in [...] Continue Reading »
Not only the builders and construction companies are bearing the burnt of realty sales down, however the cement companies are also facing the same scenario. According to the recent data even with the drop down in realty sales, the cement net profit of companies like; AV Birla, south Indian giant India Cements and JK Lakshmi [...] Continue Reading »
The realty sector in Gujarat is facing a downfall with the steady price raise of construction material and shortage of skilled labour. Experts say that the construction projects across Gujarat are getting either delayed, cancelled or stalled from past a week. Same is the scenario faced by real estate markets in cities like; Vadodara, Surat, [...] Continue Reading »
