Page 10 - Ultratech Cement

UltraTech Cement falls 10% in three days; loses Rs 17,157 crore-market cap

Analysts at ICICI Securities believe the next two quarters will remain challenging for the cement industry as it will battle both weak demand (owing to monsoon) & heightened costs.

Cement shares sink: Shree Cement, JK Cement, Ultratech hit 52-week lows

In current times of weak demand, high fuel costs and entry of a new player (Adani group), any significant capacity announcement may be viewed negatively by the market, according to analysts

Sensex falls 664pts from day's high, ends 49pts down; RIL up 2%, autos dip

CLOSING BELL: The Nifty IT index was the only gainer, up 0.45 per cent

Stocks to Watch: UltraTech Cement, Castrol, CIL, Aether Ind, Deepak Nitrite

Stocks to Watch: Aether Industries will be in focus as the speciality chemical maker is set to make its debut on the bourses today. The issue price has been fixed at Rs 642 per share.

As competition hots up, UltraTech Cement to invest Rs 12,886 cr in capex

This ambitious capacity expansion plan is a significant milestone in the ongoing transformational growth journey of UltraTech, says Kumar Mangalam Birla, chairman, Aditya Birla Group

Adani-Holcim deal: Open offers for Ambuja Cements and ACC from July 6

The acquisition will make the Adani family the second biggest cement maker in India after Ultratech

Tata Steel, SAIL: Should you Buy or Sell them? Here's what charts suggest

Charts of steel stocks signal further downside, indicating a fall up to 20 per cent in select shares; cement counters indicate a wait-and-watch approach

Top Headlines: Wheat export push, CBDT's ITR guidelines, and more

Here are the top Business Standard headlines on Friday

Top headlines: Ultratech's Ambuja bid, Delhivery may hit a valuation hurdle

Here are the top Business Standard headlines on Thursday

Ultratech joins race for Ambuja Cements and ACC, submits non-binding bid

UltraTech outlines divestiture details that would meet the norms set by Competition Commission of India

UltraTech Cement logs 48% YoY growth in Q4 net to Rs 2,620 cr, sales up 9%

Ebitda declined 16% YoY to Rs 3,165 cr, while Ebitda margins stood at 19.5% in Q4 versus 25.6% last year, as energy costs swelled in the period under review

UltraTech Q4 rises 47% to Rs 2613.75 cr; net sales up 9.45% to Rs 15,767 cr

Aditya Birla group firm UltraTech Cement Ltd on Friday reported an increase of 47.32 per cent in its consolidated net profit at Rs 2,613.75 crore in the fourth quarter ended March 2022

Trading Calls: Buy Welcorp, Sell UltraTech Cement, recommends Mehul Kothari

According to the technical analyst from Anand Rathi, Welcorp can rally towards Rs 240, whereas UltraTech can slide to Rs 6,400 in the coming weeks.

UltraTech Cement emerges preferred bidder for limestone block in Karnataka

The block is situated in Tehsil Chittapur of Kalburgi district in Karnataka

Analysts say cement stocks now attractive; price hikes to ease margin woes

Analysts believe current input cost headwinds are transitory as likely price hikes by companies will help aid margin pressures.

Cement shares in focus; Sagar Cements zooms 20%, UltraTech, Ambuja up 3%

Despite these ongoing cost related challenges, demand outlook is expected to stay healthy from long-term perspective

Investors' wealth jumps over Rs 2.51 trillion as stocks rebound

Sun Pharma the biggest gainer among Sensex firms with a jump of 3.99 per cent, followed by TCS, NTPC, Wipro, Tech Mahindra, Dr Reddy's, UltraTech Cement and Infosys

UltraTech Cement dips 3% on weak operational performance in Q3

The company is hopeful that cost inflation has peaked out and, with demand picking up, all of this should bolster volume growth and lead to margin rebound Q4 onwards.

UltraTech Q3 net up 7.8% YoY at Rs 1,708 cr on tax credits, better sales

As per Bloomberg estimates, the company's top line was seen at Rs 12,985 crore, while the bottom line was expected to be at Rs 1,494 crore in quarter ended December

Top headlines: India's billionaire count now 142; Punjab polls rescheduled

Business Standard brings you the top headlines on Monday