SAGCEM

** Shares of Andhra Cements ANDC.NS down 4.5% to 68 rupees

** Stock set for worst day in 11 weeks, on track to snap five sessions of losses

** Cements firm reported June-quarter net loss of 296.2 million rupees ($3.4 million) vs loss 235.9 million rupees a year ago

** Rev grew 57% y/y while expenses climbed 25%

** Stock down 20% so far in 2025

($1 = 86.2500 Indian rupees)

(Reporting by Manvi Pant in Bengaluru)

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July 21 (Reuters) - Sagar Cements Ltd SGRC.NS:

• JUNE QUARTER CONSOL NET PROFIT 12.2 MILLION RUPEES

• JUNE QUARTER CONSOL REVENUE FROM OPERATIONS 6.71 BILLION RUPEES

Source text: [ID:]

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Jan 7 (Reuters) - Sagar Cements Ltd SGRC.NS:

• SAGAR CEMENTS LTD - IMPLEMENTS 6 MW SOLAR POWER PLANT

• SAGAR CEMENTS LTD - SOLAR POWER PLANT OPERATIONAL AT GUDIPADU CEMENT PLANT

Source text: ID:nBSE9F8wy8

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** Indian cement makers indicate more price raise attempts in October after increasing prices in September, say brokerages Jefferies and Systematix

** Cos will attempt to recover prices which are at 3-yr lows and after price rollback in August

** Hike per bag across regions in range of 12 rupees ($0.1430) to 15 rupees - Systematix note

** Jefferies says near-term earnings still at risk if more hikes don't come through

** Adds south India worst-performing market in Sept and Q2; regional dealers flag oversupply woes on dealmaking-led capacity ramp-up

** Both brokerages prefer market leader UltraTech ULTC.NS; Jefferies picks Ambuja ABUJ.NS while ACC ACC.NS and Sagar Cements SGRC.NS are Systematix's choices in sector

** On the day, ULTC up 0.5%, ABUJ down 0.4%, ACC flat and SGRC down ~2%

($1 = 83.9300 Indian rupees)

(Reporting by Hritam Mukherjee in Bengaluru)

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July 18 (Reuters) - Sagar Cements Ltd SGRC.NS:

• APPROVAL FOR IMPLEMENTATION OF 6 MW SOLAR POWER PLANT AT ANANTHAPUR PLANT

• IMPLEMENTATION OF 6 MW SOLAR POWER PLANT AT COST OF 210 MILLION RUPEES

Source text for Eikon: ID:nBSE8NqbQQ

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** KCP KCP.NS drops 0.8%, only Indian cement stock in the red

** Bigger rival Ambuja Cements ABUJ.NS buys Penna Cement in a $1.25 bln deal, bolstering south India presence

** ~60% of Penna's capacity is in Andhra Pradesh, while KCP's two cement plants are also in that state

** Ambuja and fellow Adani-group cement stock ACC ACC.NS are both up ~2% on the day

** Other cement firms with Andhra Pradesh presence also gain: India Cement ICMN.NS 1.8%, Ramco Cements TRCE.NS 0.5%, Sagar Cement SGRC.NS 4%

** KCP has surged ~27% since India's elections, in which Telugu Desam Party (TDP) chief Chandrababu Naidu returned to power in A.P.

** Analysts say Naidu could revive his ambitious project to develop Amravati, which he has suggested as state capital

** Sagar up 20% since election results, Ramco ~13%, India Cements ~3%; Ambuja has gained ~1% and ACC is flat

(Reporting by Savio Dsouza)

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May 14 (Reuters) - Sagar Cements Ltd SGRC.NS:

• RE-APPOINTED S.ANAND REDDY AS MD AND S.SREEKANTH REDDY AS JOINT MD

Source text for Eikon: ID:nBSE7W89PJ

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Feb 29 (Reuters) - Andhra Cements Ltd ANDC.NS:

• SHAREHOLDING OF CO IN ANDHRA CEMENTS REDUCED FROM 95% TO 90%

Source text for Eikon: ID:nBSEbX2Zkk

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** Shares of Andhra Cements ANDC.NS fall as much as 5.2% to 105 rupees

** Sagar Cements SGRC.NS, top shareholder of ANDC, plans to sell up to 5% stake in co at a floor price of 90 rupees

** Floor price at a 21% discount to ANDC's closing price on Monday

** ANDC set for worst monthly fall since June 2023

** Stock down 2.6% YTD after falling for two straight years

(Reporting by Kashish Tandon in Bengaluru)

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Oct 19 (Reuters) - Sagar Cements Ltd SGRC.NS:

• INDIA'S SAGAR CEMENTS SEPT-QUARTER NET LOSS 32.1 MILLION RUPEES VERSUS LOSS 232.8 MILLION RUPEES YEAR AGO

• SAGAR CEMENTS LTD SEPT-QUARTER REVENUE FROM OPERATIONS 4.6 BILLION RUPEES VERSUS 4.38 BILLION RUPEES YEAR AGO

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** Shares of Sagar Cements SGRC.NS rise as much as 7.8% to 218 rupees, their highest since Feb 22

** Co late on Wednesday reported a consolidated net profit of 1.01 bln rupees ($12.35 mln) vs a loss of 115.1 mln rupees yr ago nFWN37712I

** Rev from ops increased 24% Y/Y and sales volume increased by 20% for Q4, co said

** "For the quarter, good demand from infrastructure projects and IHB (Individual House Builders) segment helped sustain high volumes," Joint Managing Director Sreekanth Reddy said in a statement

** Stock on track to gain for a fourth straight day

** More than 915,000 shares traded, 7.9 times their 30-day moving avg

** Seven of 10 brokerages rate the stock "buy" or higher and three as "hold"; their median PT is 241 rupees - Refinitiv data

** SGRC stock down 8.4% YTD

($1 = 81.7800 Indian rupees)

(Reporting by Meenakshi Maidas in Bengaluru)

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May 10 (Reuters) - Sagar Cements Ltd SGRC.NS:

• MARCH-QUARTER CONSOL PROFIT 1.01 BILLION RUPEES VERSUS LOSS 115.1 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 6.22 BILLION RUPEES VERSUS 5.02 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: SGRC.NS

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