Following the announcement, Century Enka’s shares dropped as much as 10.03% to an intraday low of ₹536.15 per piece on the BSE.
Motilal Oswal expects Ultratech’s entry to threaten valuation multiples of C&W companies, leading to erosion in stocks even through C&W companies' earnings are not going to be impacted until the plant ...
Ultratech Cement led by Kumar Mangalam Birla announced the acquisition of another cement company named Kesoram Industries, ...
UltraTech Cement expands into cables and wires market with retail outlets, aiming for 60% customer wallet share by FY31.
The company added that cement remains its core business, while entry into wires and cables is an adjacencies play ...
UltraTech Cement, UltraTech Cement Cables Investment, UltraTech Cement Latest News: Aditya Birla group firm UltraTech Cement Limited has proposed to extend its footprint in the construction value ...
Cement demand is expected to cross 640 million tonnes per annum by FY30, said leading player and Aditya Birla group flagship ...
UltraTech Cement has announced its entry into the wires and cables segment. The company will invest Rs. 1,800 crore to establish a plant in Gujarat over the next two years as part of its expansion in ...
Waaree Energies has secured a 410 MW solar PV module supply order from Aditya Birla Renewables' subsidiary ABREL EPC Ltd. These modules will be used for commercial and industrial customers, with ...
Waaree Energies’ stock price traded over 1 per cent higher in the Thursday trading session as the firm secured an order for solar module supply from a subsidiary of Aditya Birla Renewables.  The ...
The entry of UltraTech, the flagship cement company of the Aditya Birla Group, into the cables and wires (C&W) business has triggered a sharp dec ...
UltraTech Cement's entry into the cables and wires sector with a Rs 1,800 crore investment triggered a sharp sell-off, with KEI Industries, Polycab, and Havells plunging up to 17 percent.