Ramco Cements Ltd is striving to impress investors through the monetization of non-core assets, debt reduction, and its recently launched construction chemicals business. Amid this, weak December quarter (Q3FY26) results didn’t help, even as cement volumes grew year-on-year for the first time after three straight quarters, up about 4% to 4.43 million tonnes (mt). Still,…
Stock market today: Domestic stock indices began the day on a positive note on Thursday, as investor sentiment strengthened following US President Donald Trump’s decision to retract tariff threats against European countries, referencing a preliminary agreement regarding Greenland. Encouraging signals from global markets, combined with hopes of a possible trade agreement between India and the…
The Ramco Cements Ltd is following through on its commitment to pare non-core assets. On 22 December, it announced the sale of assets worth 515 crore to Prestige Estates Projects Ltd. With this transaction, cumulative non-core asset monetization has reached 1,017 crore, slightly exceeding the company’s stated guidance of 1,000 crores. Before the Prestige deal,…
