UltraTech Cement Ltd. closed 7.04% short of its 52-week high of 12,143.90 rupees, which the company achieved on December 16th ...
UltraTech Cement Ltd. closed 6.76% short of its 52-week high of 12,143.90 rupees, which the company reached on December 16th.
UltraTech Cement's board has approved acquiring approximately 8.69% stake in Star Cement for a value not exceeding Rs 851 crore, the company said in an exchange filing. The nod for the acquisition ...
UltraTech Cement has priced a US$400m 10-year sustainability-linked ... As a debut issuer with expected ratings of Baa3/BBB– (Moody's/Fitch), leads looked at other Indian investment grade paper.
With the acquisition of The India Cements Limited, UltraTech’s cement capacity has increased to 171.11 mtpa, on a consolidated basis," said the company. "Upon completion of the ongoing expansion ...
UltraTech Cement’s (UTCEM) 3QFY25 operating performance was in line with our estimate, with EBITDA standing at INR28.9b (declined 11% YoY). EBITDA/t stood at INR951 (-20% YoY; vs. est.
Axis Securities on Monday shared its three top conviction ideas from the cement segment due to higher price realisations and ...
UltraTech Cement, an Aditya Birla Group company, has reported that its net profit in the December quarter was down 17 per cent to ₹1,474 crore against ₹1,775 crore logged in the same period ...
Jan 27 (Reuters) - UltraTech Cement (ULTC.NS), opens new tab, India's top cement producer by capacity, is in advanced talks with German firm Heidelberg (HEIG.DE), opens new tab to acquire its ...
As UltraTech Cement and Ambuja Cements look to expand organically and undertake major buyouts, the sector is set for a dramatic change. What lies ahead? The upending of India’s cement market in ...
Although UltraTech Cement's results for the December quarter of the current financial year (Q3FY25) were not an improvement compared to Q3FY24, the company managed to surpass Street expectations.
UltraTech has also invested ₹ 7,760 crore to acquire a non-controlling 8.42% stake in Northeast-focused Star Cement Ltd. Easier said than done That said, steep earnings upgrades may not come easily.