Media Mentions
News coverage of the company, business, community initiatives and other developments
Media Mentions
Business Today Feature on Shree Cement: Going Solo
SHREE CEMENT WITHSTOOD COMPETITION BECAUSE OF A GOOD CONTROL OVER COSTS. This feature highlights our commitment to organic growth, financial discipline, innovation, cost efficiency, sustainability leadership and our forward-looking strategy.
Shree Cement 'very bullish', setting up new factories: MD Bangur
Shree Cement has moved in the last two decades from having 2 million tonne (mt) production capacity to becoming the country’s third largest cement player, with an installed capacity of 43.3 mt in India and 47.4 mt overseas. The company’s next phase of growth is underway. H M Bangur, managing director of Shree Cement, tells Ishita Ayan Dutt in an interview that India’s economic growth augurs well for cement and the entry of the Adani Group does not alter his company’s plans.
How H.M. Bangur Made Shree Cement One of the Sector’s Largest Players
H.M. Bangur is a trifle embarrassed when you tell him very few in the cement industry can match his cost structure. “Yes, I think we do a good job. To hear that is flattering but also truthful,” says the MD of Shree Cement.
Prashant Bangur, Jt. Managing Director of Shree Cement, among India’s top 40 leaders under the age of 40
He joined Shree Cement in 2004 and since then has been involved in all strategic policy and operational matters of the company. Prashant is a member of the Indian Chamber of Commerce, the managing committee of Bharat Chamber of Commerce & Industry and Cement Manufacturers’ Association (CMA) and the managing committee of the Indian School of Business, Hyderabad.
Shree Cement to set up Rs 1500 crore cement plant in AP
A delegation of officials from Shree Cement on Monday met Chief Minister YS Jagan Mohan Reddy and held discussions for setting up a Greenfield Cement plant in Guntur district at an estimated cost of Rs 1,500 crore.
Shree Cement’s oxygen plants running at full capacity
“Shree Cement is continuing a steady supply of oxygen cylinders to hospitals across India from its production units in Rajasthan, Karnataka, Bihar, Odisha and Chhattisgarh. The plants are also providing free oxygen refills at all its units,” a company release said on Friday.
Shree Cement Revs Up Oxygen Supply for Covid Hospitals in India
KOLKATA & JAIPUR, India--(BUSINESS WIRE)--Shree Cement, one of India’s top cement manufacturers, is running its oxygen plants at 100 percent capacity to cater to the shortage of oxygen in the country. Shree Cement has already supplied over 12,500 oxygen cylinders and is continuing to supply to the hospitals across India from its production units in Rajasthan, Karnataka, Bihar, Odisha and Chhattisgarh. The plants are also providing free oxygen refills at all its units.
Shree Cement supplies oxygen for hospitals across India - Worldcement
Shree Cement, one of India’s top cement manufacturers, is running its oxygen plants at 100% capacity to cater to the shortage of oxygen in the country. Shree Cement has already supplied over 12 500 oxygen cylinders and is continuing to supply to the hospitals across India from its production units in Rajasthan, Karnataka, Bihar, Odisha and Chhattisgarh. The plants are also providing free oxygen refills at all its units.
The Bangurs spur Shree Cement's sterling performance
When the going is good, the good ones get going, they say – and the wise seek to secure their future in business. Thus, the 48-million tonne per annum, Shree Cement Limited (SCL) wants to be the unrivalled number two in India after UltraTech, which will have an installed capacity of 65 million tpa by 2024.
Shree Cement CSR Support For Senior Citizens Project Pronam Gets A Boost
The Shree Cement corporate social responsibility (CSR) support for the senior citizens project Pronam got a boost in Kolkata with the formal inauguration of a fully-equipped office by the Kolkata Commissioner of Police, Mr Anuj Sharma, IPS, in the presence of film director Goutam Ghose and other dignitaries.
Shree Cement among the few commodity companies that has beat market returns over a 20 year period
A company that has given 780 times returns to its investors, compounding of 42%. In the same period the company has paid dividends of Rs 516/- per share.
Shree Cement Q2 results: Net profit rises 68% to Rs 528 crore
Shree Cement NSE 2.16 % Ltd reported a 68.4% rise in consolidated net profit at Rs 527.87 crore during the September quarter of FY 21, as against a net profit of Rs 313.30 crore during the same period last year led by better realisations and cost savings.
Shree Cements offers cement free of cost to martyrs’ families
Shree Cement Ltd. has announced the commencement of “Project Naman”, a national initiative to provide cement free of cost to the families of Armed Forces Personnel martyred in the past twenty years.
Shree Cements offers cement free of cost to martyrs’ families
Shree Cement Ltd. has announced the commencement of “Project Naman”, a national initiative to provide cement free of cost to the families of Armed Forces Personnel martyred in the past twenty years.
How HM Bangur Turned Around Shree Cement
When the Bangurs of Shree Cement decided against selling their plant a decade ago, they took a risk that has since been well-rewarded
Know more about HM Bangur, MD of Shree Cement
Know more about HM Bangur, MD of Shree Cement
Key market growth will be in the east and the north: HM Bangur, Shree Cement
"As far as funding is there the Shree Cement has enough funds, we will not be needing any capital expansion in the immediate future."
A strong foundation: How Prashant Bangur cemented his position at Shree Cement
Prashant Bangur has been an ideal complement in his father's quest to build shree cement into a successful company
H M Bangur: Entrepreneur Of The Year Category Award Winner: Manufacturing
H M Bangur: Entrepreneur Of The Year Category Award Winner: Manufacturing
Forbes India Leadership awards: Hari Mohan Bangur is entrepreneur of the year, Adi Godrej picks up for lifetime achievement
Forbes India awards, across ten categories, acknowledged the outstanding contributions of CEOs, entrepreneurs and business leaders who have built enterprises that have had a deep and enduring impact on the wider society
Shree Cement's Hari Mohan Bangur: On solid ground
The entrepreneur from Kolkata has all the trappings of an industry leader: He has survived tough times, innovated to grow and is bold to a fault
How does Shree Cement MD stay alert? By playing volleyball, taking CAT
The 65-year-old believes the best leaders are constant learners.
Demand in cement sector will go up by 10% YoY: HM Bangur, Shree Cement
Shree Cement growth in 2018 will be the same as in 2017 and there will be cost-cutting too, says the MD.
H. M. Bangur: Empowering Employees
What catapulted Shree Cement to the big league is its winning formula of empowering employees to work as owners
Cost cutting is over, we are raising prices in all markets: HM Bangur, Shree Cement
People talk only when the price rises, when it falls, everybody is quiet, says Bangur.
Shree Cement: Nifty’s newest member is a multibagger with many ‘sell’ calls
Shree Cement’s market valuation exceeds total m-cap of Ambuja, ACC and the Ramco Cement.
Stay debt-free, work within means our key principle: HM Bangur, MD, Shree Cement
HM Bangur of Shree Cement said his company will be producing cement with better cost control going ahead. Bangur said the key focus is on adding capacity from 40 million tonnes at present to 80 million tonnes in the next six-seven years.
Cement being bought mostly in villages, tier-II cities: Shree Cement MD
H M Bangur expects demand to return once Covid-19 cases subside and the stimulus package ensures a robust supply side
Cement shares in focus: Ambuja, Shree Cement, UltraTech up over 2%
Robust pricing so far and lower input costs YoY should moderate earnings decline on account of volume loss in 1HFY21.
Shree Cements Ltd. shares drop 0.91% as Sensex falls
A total of 456 shares changed hands on the counter till
We will maintain the legacy of East Bengal, says Shree Cement's Bangur after acquiring the football club
HM Bangur, the managing director of group company Shree Cement that bought a majority stake in the club, said his group would maintain the legacy of East Bengal. “The club’s logo and jersey colours — it’s red and yellow pattern — will be retained," he said.
Shree Cement Foundation to submit ISL bid documents for East Bengal
East Bengal's investors have registered a new company named Shree Cement Foundation to pick up and submit bid documents for one franchise slot in the upcoming Indian Super League.
ISL: East Bengal's investors Shree Cement Foundation to submit bid for team's top-flight entry
East Bengal's investors have registered a new company named Shree Cement Foundation to pick up and submit bid documents for one franchise slot in the upcoming Indian Super League.