Get ETRealty's top stories every morning in your email inbox. Download The Economic Times News App to get Daily Market Updates & Live Business News. Orient Cement currently trades at a replacement cost of Rs 2.2 billion/mt sharply lower due to the reaction to the current weakness followed by the Covid-19 pandemic, which according to the brokerage is overdone. Buy Orient Cement… Friends of the Park has waged some important fights in the past. Orient Cement's profit down 29% to Rs 44 crore in Q4 FY20, Orient Cement, Ambuja Cement & India Cement suspend operations due to Covid-19, Orient Cement reports net loss of Rs 5.67 crore in Q3 FY20, Orient Cement reports net loss of Rs 7.70 crore in Q2 FY20, Orient Cement reports profit of Rs 55.89 crore in Q1 FY20, Cement got back its mojo in FY19; this year it'll rake in the moolah, Orient Cement reports net profit of Rs 61.98 crore in Q4 FY19, Orient Cement's reports a net loss of Rs 13.70 crore in Q3 FY19, Orient Cement's net profit down 59% to Rs 16 crore in Q1 FY19, Orient had stipulated conditions which were not acceptable to SAIL: JAL, Orient Cement calls off deal to acquire two units from Jaypee, Orient Cement net profit dips 31% in Q4FY18, Orient Cement posts net profit of Rs 10 crore in Q2, Orient Cement expects to reach 12 MTPA capacity this year, Jaiprakash Associates to sell Bhilai Jaypee Cement for Rs 1,450 crore; plans to raise another Rs 2,000 crore, I see a strong demand growth in coming quarters: Deepak Khetrapal, Orient Cement, Orient Cement appoints IYR Krishna Rao as Additional Director, Orient Cement in red; posts Q2 net loss of Rs 29.4 crore, Realty industry seeks Maharashtra like premium deduction in other states, How much money you will save after 50% cut in premiums in Maharashtra, Office leasing dips 53% in 2020 in Hyderabad: Report, Office leasing dips 19% while home sales down 51% in Bengaluru in 2020, Maharashtra cabinet approves 50% reduction in premium for real estate projects, NCR has about six years of unsold residential inventory, Home sales in eight cities dips 19% year-on-year in H2 2020: Report, Eight Indian cities record leasing of 22.2 million sq ft in H2 2020: Report, Savvy Infrastructure to invest Rs 700 crore to develop 10 lakh sq ft in GIFT City, UltraTech Cement raises Rs 1,000 crore via NCDs, Stamp duty waiver helped Maharashtra's revenue grow by Rs 367 crore, Mumbai: Civic body to restore property tax on sub-500 sq ft housing units, D-Mart's Radhakishan Damani to acquire 8-acre Thane plot from Mondelez, DDA approves new housing scheme in 2021 with nearly 1,200 flats, Audit deadline relaxed for cooperative housing societies in Maharashtra, Hemisphere Properties' real estate to be monetised for Rs 19,000 crore, Saha Infratech directors held for duping 20 crore from buyers in Noida, Financial impetus and regulatory reforms can help grow building materials sector. iStock Promoters held 37.4 per cent stake in the company as of June 30, 2020, while FIIs held 3.1 per cent, … Find Stock Market Live Updates, BSE, NSE Top Gainers, Losers and more. Click "Continue" to accept and continue with ET RealEstate. Established in 1979, Orient Cement was formerly, a part of Orient Paper & Industries. NEW DELHI: Orient Cement today reported a standalone net loss of Rs 29.4 crore for the quarter ended September 30, 2016, against a net profit of Rs 28 crore in the year-ago period. Orient Cement's total income rose 21.14 per cent to Rs 754.89 crore during the quarter under review as against Rs 623.13 crore in the corresponding quarter last year. The acquisition will, however, help the company's geographical diversification, reports the Economic Times. Choose your winners rationally in 3 simple steps! Feb 11, 2019 12:02 PM IST We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc. Revenue from operation was down 12.82 per cent to Rs 654.52 crore in the latest quarter as against Rs 750.81 crore in the corresponding period of 2018-19. 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Powered by Capital Market - Live News The company has told the ministry that it does not require the coal blocks as it has sold off the attached cement plants, a ministry official told the Economic Times … Add Comment. 15 Total income during the quarter under review stood at Rs 567.14 crore, down 1.32 per cent compared to Rs 574.76 crore reported in the year-ago period, Orient Cement said in a BSE filing. The scheme will be completely online through newly-developed AWAAS software of the Delhi Development Authority (DDA) from processing of application to possession of flats, a senior official said. Considering the once-concrete pad Download The Economic Times News App to get Daily Market Updates & Live Business News. Dear user, ET RealEstate privacy and cookie policy has been updated to align with the new data regulations in European Union. India Business News: New Delhi, May 5 CK Birla Group firm Orient Cement today reported a 10.55 per cent decline in net profit to Rs 16.52 crore for the fourth quarter e Orient Cement delivered good Q2 numbers with a big jump in operating profit. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. NEW DELHI: CK Birla Group firm Orient Cement Ltd today said it would acquire two entities, Bhilai Jaypee Cement and Nigrie Cement Grinding Unit, from Jaypee group firms for a total consideration of Rs 1,946 crore. Days Trial. NEW DELHI: Most cement stocks were trading in the green in Tuesday's afternoon session. India Business News: New Delhi: The CK Birla group-owned Orient Cement said on Thursday that it will acquire a 74% stake in a cement joint venture of debt-laden Jaiprakash. Why follow tips? It will acquire a 26% stake in the latter for around US$0.6m. Orient Cement Ltd.: Orient Cement gains 5% as analysts upgrade earnings post its June quarter performance - The Economic Times Stay up-to-date with All the Cement Industry News | Orient Cement - The Leading Cement Manufacturer in India Press Coverage | Orient Cement - The Leading Cement Manufacturer in India. Total income during the quarter under review stood at Rs 567.14 crore, down 1.32 per cent compared to Rs 574.76 crore reported in the year-ago period, Orient Cement said in a … The deal has been terminated as both parties failed to complete the transactions within the stipulated 12 months time, according to regulatory filings. Aditya Birla Sun Life Tax Relief 96 Direct-Growt.. Mirae Asset Emerging Bluechip Fund Direct-Growth, Buy Orient Cement, target price Rs 105: ICICI Direct. This will alert our moderators to take action. Total income during the quarter under review stood at Rs 567.14 crore, down 1.32 per cent compared to Rs 574.76 crore reported in the year-ago period, Orient Cement said in a BSE filing. Follow @ETRealty for the latest news, insider access to events and more. Never miss a great news story! It isn’t so, no matter how many times Fox news tells us so. Trump said canceling $110 billion in arms sales would only mean that Saudi Arabia would go to other countries to acquire them. The company had reported a … Sorry, there are no blogs for your search. The enterprise value for the Bhilai asset is US$98/t and the Nigri unit is US$37/t. Sharp Insight-rich, Indepth stories across 20+ sectors, Access the exclusive Economic Times stories, Editorial and Expert opinion. ET NOW was the first to report the development. New Delhi: CK Birla Group firm Orient Cement on Thursday said it would acquire 26 per cent stake in AMPSolar Systems for Rs 4.5 crore. Your Reason has been Reported to the admin. Breaking News Events and Latest News Updates on The Economic Times.) Get Orient Cement Ltd news and stories on Tickertape. - Jack - Monday, Mar 18, 13 @ 12:57 pm: Maybe Quinn was referring to those ghost employees that Tollway is so fond of hiring. Orient Cement, part of the $1.6 bn CK Birla Group has emerged as the front runner to buy out the majority stake of Manoj Gaur led Jaiprakash Associates in its subsidiary Bhillai Jaypee Cement, multiple sources familiar with ongoing negotiations told ET NOW on the condition of anonymity. Get Orient Cement Ltd news and stories on Tickertape. Orient Cement began cement production in the year 1982 at Devapur in Adilabad District, Telangana. Orient Cement Ltd.’s Q2 FY21 Ebitda at Rs 1.13 billion (more than doubled YoY) was ahead of our/consensus estimates led by lower costs.Total cost/tonne declined 4% YoY owing to strict cost control and better efficiencies; while realisation increased 13% YoY leading to 2.6 times increase in Ebitda/tonne to Rs 1,109/tonne (our estimate Rs1,028/tonne).Volumes declined 18% YoY, broadly in … The Press Trust of India has reported that AMPSolar Systems is establishing a 13.5MW solar power plant in Maharashtra, where Orient Cement operates an integrated cement plant. Latest News: Get all the latest India news, ipo, bse, business news, commodity, sensex nifty, politics news with ease and comfort any time anywhere only on Moneycontrol. Metric tonne capacity ) cost-efficient player in the green in Tuesday 's afternoon session,! Fy21 from 5-6 % to 2-3 % has been terminated as both parties failed complete... 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