Page 11 - Ultratech Cement

Sensex gains 86 pts; Nifty above 18,300; HCL Tech slumps 6%; Auto stocks up

In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.

Ultratech Cement Q3 consolidated net profit rises 8% to Rs 1,708 cr

Revenue from operations rose by 5.89% to Rs 12,984.93 crore during the quarter under review

Market wrap: Sensex stages smart recovery, ends 12 pts down; Nifty holds 18,250

Mindtree dips 4% on profit booking after December quarter results; Aurobindo Pharma ends 5% down on US FDA warning letter for unit; India Cements gains 4%; hits highest level since January 2008

ACC, Grasim: Cement stocks have more steam left in the short-term

All the major cement stocks are gearing up for next upside, check the near term support and likely targets here

UltraTech Cement gains 4%, hits record high on strong demand outlook

The company is witnessing strong demand from various infrastructure constructions such as highway construction, railways, metro rail, irrigation projects, airports and urban housing market

Weak demand, high cost to keep cement firms' EBITDA muted in Q2: Centrum

Q2FY22 is generally a weak quarter for cement makers due to monsoon, but the quarter under preview has also been affected by rising coal and pet coke prices and a transporters' strike

UltraTech Q2 net profit flat at Rs 1,310 cr, revenue rises 16%

During the quarter, UltraTech's consolidated sales volume was at 21.64 million metric tons, registering a year-on-year growth of 8%

UltraTech Cement accounts for 77% of Aditya Birla Group's profit in FY21

Overall, the combined net profit of the group's listed companies was Rs 7,115 crore in FY21

Cement shares in demand; UltraTech, Ambuja, Dalmia Bharat hit new highs

In the past one month, shares of Dalmia Bharat, JK Lakshmi Cement, Ramco Cement and Ambuja Cement have rallied between 11 per cent and 19 per cent

Stocks to watch: Avenue Supermarts, Bandhan Bank, Hero Moto, UltraTech

The National Company Law Tribunal has initiated insolvency proceedings against construction firm Ahluwalia Contracts India for defaulting on payments to an operational creditor

UltraTech Cement Q4 consolidated net declines 45% to Rs 1,775 crore

Net sales of the Aditya Birla Group company stood at Rs 14,405 cr in the final quarter of FY21, up 33% from same period last year on strong demand for the commodity

Stocks to watch: Hero MotoCorp, HDFC, Tata Consumer, Adani Power, UltraTech

UK-based fintech company, Infinity Circle, has selected Zensar Technologies for the end-to-end development of its next-gen wealth management platform

Sensex dips 627 pts as investors book profit on last trading day of FY21

The S&P BSE Sensex and Nifty50 have rallied 68 per cent and 70.8 per cent, respectively in FY21

Stocks to watch: IDFC First Bank, Ultratech, KNR Constructions, SpiceJet

Public sector lender Punjab & Sind Bank said it has declared the account of IL&FS Transportation Network with total dues of Rs 149.98 crore as fraud

UltraTech Cement prepays long-term loan of Rs 5,000 crore loan

UltraTech Cement on Tuesday said it has prepaid its long-term loans of Rs 5,000 crore

Analysts bullish on cement stocks on sustained demand, price hikes

Analysts note that cement manufacturers may have to hike prices further to ensure sustainability of margins amid rising cost pressures.

UltraTech crosses Rs 2 trillion m-cap, zooms 77% in 6 months

Led by its dominant size and highly efficient operations, anlaysts believe that UltraTech Cement stands out as the best candidate to play recovery in the cement sector.

Cement shares in demand; UltraTech, Ambuja, Ramco Cement hit new highs

Following around 10 per cent YoY growth in volumes in Q3FY21, Motilal Oswal Securities expects the sector's volumes to grow around 20 per cent YoY in Q4FY21

Ultratech Cement to raise up to Rs 3,000 cr via US dollar denominated bond

The company said it is contemplating listing of the Notes on the Singapore Stock Exchange, subject to market conditions

Riding on high growth: Key gainers from the Budget 2021 proposals

A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.