Tuesday, February 18, 2025 | 07:38 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

UltraTech Cement Ltd News

Nuvama says 'Buy' ACC, Ambuja, JK Cement as sector sentiment improves

With industry focus shifting to volume growth in the closing quarter of the year, the likelihood of substantial price hikes in the near-term remains low due to the continued high competitive pressure

Nuvama says 'Buy' ACC, Ambuja, JK Cement as sector sentiment improves
Updated On : 18 Feb 2025 | 12:30 PM IST

UltraTech in advanced talks to acquire HeidelbergCement in Rs 3,381 cr deal

Aditya Birla Group's UltraTech Cement acquired 55.49% stake in India Cements and 8.69% stake in Star Cement for Rs 851 crore in 2024

UltraTech in advanced talks to acquire HeidelbergCement in Rs 3,381 cr deal
Updated On : 27 Jan 2025 | 2:59 PM IST

Most brokerages lift targets for UltraTech Cement as Q3 nos. top estimates

Goldman Sachs reportedly has maintained a 'Buy' rating and increased its target price to Rs 12,580, up from Rs 12,460, citing volume recovery and lower costs contributing to margin improvement

Most brokerages lift targets for UltraTech Cement as Q3 nos. top estimates
Updated On : 24 Jan 2025 | 8:57 AM IST

Weak price realisations make a crack in UltraTech Q3FY25 profit

India's largest cement maker beats analyst estimates despite a 17.3% Y-o-Y fall in net

Weak price realisations make a crack in UltraTech Q3FY25 profit
Updated On : 23 Jan 2025 | 6:55 PM IST

UltraTech Cement rallies 6% post Q3 results; Ramco, JK Lakshmi surge 5%

Going forward, UltraTech expects to generate a sustainable volume growth of 7- 8% on likely government focus on infrastructure and housing projects, alongside increased rural and urban demand.

UltraTech Cement rallies 6% post Q3 results; Ramco, JK Lakshmi surge 5%
Updated On : 23 Jan 2025 | 3:00 PM IST

UltraTech Cement Q3 result: Profit down 17% at Rs 1,470 cr, revenue up 3%

Ultratech Cement Q3FY25 results: Sequentially the cement firm saw a 79% increase in net profit

UltraTech Cement Q3 result: Profit down 17% at Rs 1,470 cr, revenue up 3%
Updated On : 23 Jan 2025 | 2:25 PM IST

UltraTech Cement share rises 2% ahead of December qtr results; details here

The uptick in the UltraTech Cement share price came in anticipation of Q3 results, which will be announced later in the day

UltraTech Cement share rises 2% ahead of December qtr results; details here
Updated On : 23 Jan 2025 | 10:19 AM IST

Q3 results today: Ultratech, HPCl, Zee among 59 to post earnings on Jan 23

Q3FY25 company results, January 23: Two Adani entities including Adani Energy Solutions and Adani Green Energy will release results for the Oct-Dec quarter today

Q3 results today: Ultratech, HPCl, Zee among 59 to post earnings on Jan 23
Updated On : 23 Jan 2025 | 9:20 AM IST

UltraTech to buy 8.69% stake in Meghalaya-based Star Cement for Rs 851 cr

Aditya Birla Group company to expand presence in East India with new acquisition

UltraTech to buy 8.69% stake in Meghalaya-based Star Cement for Rs 851 cr
Updated On : 27 Dec 2024 | 11:36 AM IST

Cement shares in action: Heidelberg, UltraTech, Shree, Nuvoco zoom up to 4%

The renewed investor interest in the cement shares came on the back of reports that cement dealers have initiated price hikes since the start of December

Cement shares in action: Heidelberg, UltraTech, Shree, Nuvoco zoom up to 4%
Updated On : 11 Dec 2024 | 10:32 AM IST

UltraTech receives CCI notice over proposed acquisition of India Cements

Leading cement maker UltraTech Cement has received a notice from the fair trade regulator CCI over its proposed acquisition of the South-based India Cements Ltd. UltraTech Cement, in a regulatory filing, said it has received notice from the Competition Commission of India (CCI), and the Aditya Birla group flagship firm is confident in the merits of its case. "The Company has received a communication from the Competition Commission of India under Section 29 (1) of the Competition Act, 2002, regarding the proposed acquisition of The India Cements Ltd. The Company will be responding to the same," said UltraTech. The southern market for grey cement, where India Cements primarily operates, is highly competitive and fragmented, with the presence of over 35 grey cement manufacturers. "We are confident of the merits of our case," the Aditya Birla Group firm said. Under the CCI Act, where the fair trade regulator is of the opinion that a combination is "likely to cause, or has caused an ..

UltraTech receives CCI notice over proposed acquisition of India Cements
Updated On : 07 Dec 2024 | 3:48 PM IST

Cement shares in demand; UltraTech, Shree, JK, Dalmia Bharat gain up to 5%

While FY25 is seeing slow growth and subdued govt spending, CareEdge maintains a long-term outlook aligned with India's broader growth strategy with housing, continuing to be primary driver of cement.

Cement shares in demand; UltraTech, Shree, JK, Dalmia Bharat gain up to 5%
Updated On : 02 Dec 2024 | 11:47 AM IST

Ultratech Cement shares gain 3% after expanding capacity at Kukurdih unit

Shares of Ultratech Cement rose as much as 2.90 per cent at Rs 11,525 a piece on the BSE in Monday's intraday trade

Ultratech Cement shares gain 3% after expanding capacity at Kukurdih unit
Updated On : 02 Dec 2024 | 11:29 AM IST

UltraTech, UCLA partner to reduce carbon emissions from cement production

Cement and ready-mix concrete (RMC) company UltraTech Cement on Thursday said it has signed a collaboration agreement with the Institute for Carbon Management (ICM) for a new technology to reduce carbon dioxide emissions from cement production. The new technology, The Zero Carbon Lime (ZeroCAL), developed by ICM at the University of California, Los Angeles, can nearly reduce 98 per cent carbon dioxide emissions associated with limestone decomposition in cement manufacturing, the company said in a statement. ICM, in partnership with UltraTech, will build a first-of-a-kind demonstration plant for the technology at one of UltraTech's integrated cement manufacturing units, it added. "Partnerships like these, which place an emphasis on developing and deploying new and emerging technologies, will be a key enabler in our sector's efforts to accelerate decarbonisation and deliver carbon neutral concrete by 2050," UltraTech Managing Director K C Jhanwar added.

UltraTech, UCLA partner to reduce carbon emissions from cement production
Updated On : 24 Oct 2024 | 7:49 PM IST

UltraTech Cement rallies 3% in range-bound market on strong outlook

The management believe that new infrastructure project orders will start gaining momentum, although it has been a subdued start from Q1 and during the reported quarter.

UltraTech Cement rallies 3% in range-bound market on strong outlook
Updated On : 24 Oct 2024 | 3:05 PM IST

Cement shares in focus as Ambuja to buy Orient; trading strategy here

Barring HeidelbergCement most of the cement stocks look technically weak on the charts; Ambuja Cements is on the verge of seeing a 'Death Cross' formation on the daily chart.

Cement shares in focus as Ambuja to buy Orient; trading strategy here
Updated On : 22 Oct 2024 | 11:39 AM IST

UltraTech Cement up 2% as co eyes 7-8% growth in future; brokerages vary

UltraTech Cement's consolidated profit dropped 36 per cent year-on-year (Y-o-Y) to Rs 825 crore in the September quarter of FY25, from Rs 1,280 crore in the September quarter of FY24.

UltraTech Cement up 2% as co eyes 7-8% growth in future; brokerages vary
Updated On : 22 Oct 2024 | 10:17 AM IST

UltraTech Cement Q2FY25 results: Net profit dips 36% to Rs 820 crore

Cement sale volume slow down, growing at three percent YoY in Q2

UltraTech Cement Q2FY25 results: Net profit dips 36% to Rs 820 crore
Updated On : 21 Oct 2024 | 3:21 PM IST

UltraTech Cement shares slip as Q2 net profit plunges 36% to Rs 820 crore

UltraTech Cement's consolidated net profit for the quarter stood at Rs 820.04 crore, down 36.01 per cent from Rs 1,281.45 crore in the year-ago period

UltraTech Cement shares slip as Q2 net profit plunges 36% to Rs 820 crore
Updated On : 21 Oct 2024 | 2:50 PM IST

Nifty pivot stands at 24,800, Bank Nifty 51,800; shows F&O data

F&O market update Oct 18: The Nifty options data suggests likely resistance for the index near 24,800 - 25,000, and support between 24,500 - 24,700; says Dupesh Dhameja of SAMCO Securities.

Nifty pivot stands at 24,800, Bank Nifty 51,800; shows F&O data
Updated On : 18 Oct 2024 | 9:28 AM IST