You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

UltraTech Cement edges lower after announcing Q2 results

Capital Market 

fell 0.1% to Rs 4,014.50 at 13:45 on after consolidated net profit rose 25.05% to Rs 614 crore on 2.53% decline in net sales to Rs 5709 crore in Q2 September 2016 over Q2 September 2015.

The result was announced during trading hours today, 17 October 2016.

Meanwhile, the Sensex was down 103.32 points, or 0.38%, to 27,568.97.

High volumes were witnessed on the counter. On BSE, so far 46,150 shares were traded in the counter, compared with average daily volume of 13,325 shares in the past one quarter. The stock hit a high of Rs 4,069.55 and a low of Rs 3,965 so far during the day. The stock hit a record high of Rs 4,130 on 8 September 2016. The stock hit a 52-week low of Rs 2,581.15 on 18 January 2016. The stock had outperformed the market over the past one month till 14 October 2016, gaining 2.37% compared with Sensex's 2.46% fall. The scrip had also outperformed the market in past one quarter, gaining 15.37% as against Sensex's 0.96% decline.

The large-cap company has equity capital of Rs 274.45 crore. Face value per share is Rs 10.

Separately, announced after market hours on Friday, 14 October 2016 that it is proposing to issue secured redeemable non-convertible debentures (NCDs) amounting to Rs 300 crore on private placement basis. The NCDs have tenure of 5 years and will be allotted on 18 October 2016. NCDs carry coupon of 7.15% per annum.

is a leading cement manufacturer in India. It is a part of the Aditya Birla Group.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

UltraTech Cement edges lower after announcing Q2 results

UltraTech Cement fell 0.1% to Rs 4,014.50 at 13:45 IST on BSE after consolidated net profit rose 25.05% to Rs 614 crore on 2.53% decline in net sales to Rs 5709 crore in Q2 September 2016 over Q2 September 2015.

fell 0.1% to Rs 4,014.50 at 13:45 on after consolidated net profit rose 25.05% to Rs 614 crore on 2.53% decline in net sales to Rs 5709 crore in Q2 September 2016 over Q2 September 2015.

The result was announced during trading hours today, 17 October 2016.

Meanwhile, the Sensex was down 103.32 points, or 0.38%, to 27,568.97.

High volumes were witnessed on the counter. On BSE, so far 46,150 shares were traded in the counter, compared with average daily volume of 13,325 shares in the past one quarter. The stock hit a high of Rs 4,069.55 and a low of Rs 3,965 so far during the day. The stock hit a record high of Rs 4,130 on 8 September 2016. The stock hit a 52-week low of Rs 2,581.15 on 18 January 2016. The stock had outperformed the market over the past one month till 14 October 2016, gaining 2.37% compared with Sensex's 2.46% fall. The scrip had also outperformed the market in past one quarter, gaining 15.37% as against Sensex's 0.96% decline.

The large-cap company has equity capital of Rs 274.45 crore. Face value per share is Rs 10.

Separately, announced after market hours on Friday, 14 October 2016 that it is proposing to issue secured redeemable non-convertible debentures (NCDs) amounting to Rs 300 crore on private placement basis. The NCDs have tenure of 5 years and will be allotted on 18 October 2016. NCDs carry coupon of 7.15% per annum.

is a leading cement manufacturer in India. It is a part of the Aditya Birla Group.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

UltraTech Cement edges lower after announcing Q2 results

fell 0.1% to Rs 4,014.50 at 13:45 on after consolidated net profit rose 25.05% to Rs 614 crore on 2.53% decline in net sales to Rs 5709 crore in Q2 September 2016 over Q2 September 2015.

The result was announced during trading hours today, 17 October 2016.

Meanwhile, the Sensex was down 103.32 points, or 0.38%, to 27,568.97.

High volumes were witnessed on the counter. On BSE, so far 46,150 shares were traded in the counter, compared with average daily volume of 13,325 shares in the past one quarter. The stock hit a high of Rs 4,069.55 and a low of Rs 3,965 so far during the day. The stock hit a record high of Rs 4,130 on 8 September 2016. The stock hit a 52-week low of Rs 2,581.15 on 18 January 2016. The stock had outperformed the market over the past one month till 14 October 2016, gaining 2.37% compared with Sensex's 2.46% fall. The scrip had also outperformed the market in past one quarter, gaining 15.37% as against Sensex's 0.96% decline.

The large-cap company has equity capital of Rs 274.45 crore. Face value per share is Rs 10.

Separately, announced after market hours on Friday, 14 October 2016 that it is proposing to issue secured redeemable non-convertible debentures (NCDs) amounting to Rs 300 crore on private placement basis. The NCDs have tenure of 5 years and will be allotted on 18 October 2016. NCDs carry coupon of 7.15% per annum.

is a leading cement manufacturer in India. It is a part of the Aditya Birla Group.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard