DSIJ Mindshare

The company plans to build a new integrated cement plant at Mukutban, Maharashtra with an investment of Rs. 2,450 crore. 

The PAT for the quarter jumped to Rs. 16.65 crore as against net profit of just Rs. 3.77 crore in the corresponding quarter last year.

For the quarter ended June 30, 2018, BSE Limited registered earnings per share from continuing operations of Rs 9.98, up by 10 per cent from Rs 9.11 as against the same quarter in 2017.

The decision of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) to hike the repo rate by 25 bps to 6.50%, thereby moving the reverse repo rate to 6.25%, and maintaining the Cash Reserve Ratio at 4%, indicates the neutral stance adopted by the RBI on the monetary policy.