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.

Image Source

Real Estate

30 Jul 2026

AI: The New Recruit

From getting ideas to evaluating designs, presenting concepts to clients and tracking projects, artificial intelligence (AI) is helping architects work better and faster.“AI allows architects to spend more time doing what only they can do: think critically, synthesise complexity and design with intent,” says Dikshu C Kukreja, Managing Principal, CP Kukreja Architects. “Every minute reclaimed from repetitive processes can be invested in creativity, contextual understanding, interdisciplinary collaboration and innovation – the qualities that define meaningful architecture.”To read the ..

Redevelopment 2.0

In 2017, Mumbai identified 160,000 ageing buildings due for structural audit. Close to half of these were in the Western Suburbs. Redeveloping the oldest and structurally weakest of these would help unlock new housing, much needed given the city’s growing population density and constant developed area of 437.7 sq km. At 30,600 people per sq km in 2024, Mumbai’s density was almost thrice that of Gurugram, and 60 per cent higher than Bengaluru’s.Essentially, Mumbai’s realty market has demand. It has capital. It has realty development potential.Fast forward to 2026. Mumbai has 1,094 regis..

Cost intelligence will become a strategic contributor to project success

As India's construction industry accelerates its digital transformation, integrated platforms, AI and connected data are becoming essential to improving cost certainty, project efficiency and sustainability. Ravi Kumar, Sales Director – India, RIB Software India, shares how digital workflows are reshaping project planning, commercial management and decision-making across the construction value chain.India's construction sector is embracing digital technologies at an unprecedented pace. From your perspective, what are the biggest shifts driving this transformation and how is RIB Software enab..