JK Cement to increase cement costs in Q4

24 Dec 2021 CW Team

JK Cement plans to increase the cost of cement in the fourth quarter after November and December witnessed a price drop, Rajnish Kapur of JK Cement told the media.

There was a 4% drop in costs in November, and December observed a further dip, said Kapur.

He said that Q4 is the time, and the cost increase does happen historically, additionally, because demands are at their peak. In November, they witnessed a demand decline of about 4 to 5% and a price decline of approximately 4%.

After a good growth in October, November witnessed a 20-30% drop in demand month-on-month, Kapur said, adding that it is not normal. Their margin has noticed some pressure, but it is not severe. In the next few months, however, the firm is upbeat about the demand.

The firm aims at an 8-10% volume increase in FY22. Yet, it has cut the volume growth guidance from 20-25% to 8-10% in FY22.

JK Cement shares dipped more than 2.5% at Rs 3,479 on the National Stock Exchange.

Infrastructure Urban

16 Jun 2025

NAKSHA Phase 2 Training for ULB Officers Begins 16 June

The Department of Land Resources (DoLR), under the Ministry of Rural Development, will commence the second batch of Phase 2 training under the NAKSHA (NAtional geospatial Knowledge-based land Survey of urban HAbitations) programme from 16 June 2025. The training will be conducted at four Centres of Excellence (CoEs) across the country and aims to build capacity for accurate, technology-driven urban land surveys.The programme will be virtually inaugurated by Shri Manoj Joshi, Secretary of DoLR, on 16 June at 10:00 a.m. A total of 128 officers from around 74 Urban Local Bodies (ULBs) have been n..

Infrastructure Urban

16 Jun 2025

GRAP Stage-I Revoked as Delhi AQI Improves to 140

The Air Quality Index (AQI) in Delhi reached 140 on 15 June 2025, categorised as 'Moderate', according to the Central Pollution Control Board鈥檚 (CPCB) daily bulletin. With steady improvement in air quality and favourable forecasts from IITM and the India Meteorological Department (IMD), the Commission for Air Quality Management (CAQM) has revoked Stage-I of the Graded Response Action Plan (GRAP) across the National Capital Region (NCR) with immediate effect.The decision was made during a review meeting of the CAQM鈥檚 Sub-Committee on GRAP, which assessed overall regional air quality data an..

Infrastructure Transport

16 Jun 2025

India, CMA CGM Boost Maritime Ties in Marseille Visit

Shri T.K. Ramachandran, Secretary of the Ministry of Ports, Shipping and Waterways (MoPSW), visited the global headquarters of CMA CGM in Marseille, France, on 12 June 2025. The visit builds on Prime Minister Narendra Modi鈥檚 February 2025 trip to France, during which maritime sector growth and global partnerships were highlighted as key focus areas.During the meeting with CMA CGM鈥檚 senior leadership, the Secretary reviewed the Group鈥檚 expanding footprint in India across shipping, shipbuilding, container terminals, multimodal logistics, and maritime industrial development. CMA CGM detaile..