Page 12 - Ultratech Cement

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.

ITC, HDFC Bank and six other Sensex stocks scale fresh 52-week highs

SBI, the top gainer among the Sensex stocks, was up 8 per cent to Rs 337 at 02:25 pm, surpassing its previous high of Rs 332 touched on February 2, 2020

Cement shares soar on govt's infra push; UltraTech, Shree Cement up 8%

The huge thrust on infrastructure spending by the government in the Budget 2021-22 bodes well for construction materials such as cement and steel

Grasim's entry into paints may have limited impact on existing players

Ability to penetrate distribution network and creating brand equity key challenges, say analysts

Sensex skids 531 pts; RIL, IndusInd Bank dip 5%, pharma stocks outperform

India VIX ticked up 4 per cent

Up 160% in 10 months; will Grasim's foray into paint biz mean more upside?

The Indian paint industry is valued at approximately Rs 54,500 crore and is expected to grow to Rs 97,100 crore by 2024, according to the estimates of Indsec Research

UltraTech Cement jumps 5%, hits new high on solid December quarter results

The company's net profit more than doubled to Rs 1,584 crore in the quarter ended December 31, 2020