JK Cement to invest Rs 195 crore in new white cement-based wall putty plant in Rajasthan
According to a regulatory filing, the board cleared an investment of approximately ₹195 crore to set up a 0.6 million tonnes per annum (MTPA) white cement-based wall putty plant. The plant will be located near Nathdwara, in District Rajsamand, Rajasthan.
The company said this project aligns with its strategic objective to strengthen its position in the white cement and wall putty segment and meet growing market demand.
The board also took on record the unaudited standalone and consolidated financial results for the quarter ended June 30, 2025 (Q1 FY26), and adopted the Cost Audit Report for FY25 during the meeting.
JK Cement highlighted that this investment reflects its continued focus on capacity expansion and operational excellence across its portfolio.
The board meeting began at 11:54 AM and concluded at 1:45 PM.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Upturn
a day ago
- Business Upturn
Nifty top gainers this week (ending August 1): Jio Financial Services, Hindustan Unilever, L&T, Asian Paints, Trent and more
By Aman Shukla Published on August 2, 2025, 09:12 IST The Indian stock market closed Friday's session on a downbeat note, with both benchmark indices—the Sensex and Nifty 50—slipping around 1% each. The Sensex ended 586 points lower at 80,600, while the Nifty dropped 203 points to close at 24,565. This marks the fifth consecutive weekly fall for the Indian equity market, making it the longest losing streak in nearly two years. Despite the bearish close to the week, several heavyweight stocks in the Nifty 50 index delivered notable weekly gains. Let's take a closer look at the top 10 losers of the Nifty 50 this week, according to Trendlyne. Top Nifty Gainers for the Week Jio Financial Services : Up 5.9%, closed at ₹329.5 Hindustan Unilever : Up 5.7%, closed at ₹2553.7 Larsen & Toubro : Up 4.2%, closed at ₹3587.3 Asian Paints : Up 4.1%, closed at ₹2431.0 Trent : Up 2.7%, closed at ₹5180.0 Hero MotoCorp : Up 1.9%, closed at ₹4311.6 Eicher Motors : Up 1.8%, closed at ₹5528.0 ITC : Up 1.7%, closed at ₹416.5 Tata Consumer Products : Up 1.5%, closed at ₹1070.4 Grasim Industries: Up 0.5%, closed at ₹2722.2 Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ask ChatGPDisclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Asian PaintsHindustan UnileverJio Financial ServicesL&TNiftyTrent Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Upturn
2 days ago
- Business Upturn
PNC Infratech bags Rs 3,489 crore coal project from South Eastern Coalfields
By Aditya Bhagchandani Published on August 1, 2025, 15:30 IST PNC Infratech Limited has secured a major contract from South Eastern Coalfields Limited (SECL), valued at ₹3,488.86 crore (inclusive of GST). The company received the Letter of Acceptance (LoA) on August 1, 2025, for a large-scale mining and coal transportation project at the Gevra OCP Expansion Project in Chhattisgarh. The contract entails 'Handling, Transport and Other Mining Services — Hiring of HEMM for OB Removal and Coal Extraction by Surface Miner and Loading and Transportation of Extracted Coal to different destinations.' The project is slated for execution over a five-year period. PNC Infratech emerged as the L1 (lowest) bidder for the domestic project, which is among its largest mining services contracts. The deal does not fall under related party transactions, nor does it involve any promoter group interest, the company confirmed. This win further strengthens PNC Infratech's diversified order book and its growing presence in the mining services space. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
2 days ago
- Business Upturn
UPL Maintains FY26 Guidance After Strong Q1 EBITDA Growth, Narrowed Loss
By Aditya Bhagchandani Published on August 1, 2025, 14:44 IST UPL Limited reaffirmed its FY26 revenue and EBITDA growth guidance after reporting a sharp improvement in operating performance and a significantly narrowed net loss in Q1FY26. The company posted a consolidated net loss of ₹880 million, a considerable improvement from ₹3.84 billion in the year-ago period. Revenue remained largely flat year-on-year at ₹9,216 crore versus ₹9,067 crore, but improved cost management, better product mix, and enhanced operational efficiency lifted margins. EBITDA surged 26.8% to ₹1,396 crore, with margins expanding 301 basis points to 15.15%, driven by a 390-bps rise in contribution margins. This was attributed to higher capacity utilisation, favourable pricing, and a reduction in input costs. Among regions, India led with 21% revenue growth, while North America and Europe both grew 8%. Latin America and Rest of the World reported a 10% decline. Platform-wise, Advanta grew 20% and UPL SAS 13%. The company also reported strong improvements in balance sheet health. Net working capital days dropped to 86 from 121, while net debt declined ₹6,129 crore sequentially to ₹21,371 crore following a ₹3,409 crore redemption of perpetual bonds in May. The ongoing rights issue is expected to conclude by the end of September. Looking ahead, UPL maintained its FY26 guidance of 4–8% revenue growth and 10–14% EBITDA growth, highlighting sustained momentum in crop protection, organic-led growth at Advanta, and margin improvement in its SUPERFORM SSC platform. The management reiterated its long-term focus on value unlocking through restructuring, strategic investments, and disciplined financial execution. Disclaimer: This article is for informational purposes only and does not constitute investment advice. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
