The consolidated net profit of the company stood at Rs 594 cr for the third quarter of FY17
UltraTech Cement's net sales dropped to Rs 5,709 crore as against Rs 5,857 crore in the previous fiscal
The stock hit a new high of Rs 4,029, up 3.5% on the NSE in early morning trade.
The stock moved higher to its new high of Rs 3,954, up 2%, extending its Thursday's nearly 5% rally on the BSE.
The stock moved higher to its new high at Rs 3,739, up 1.4% on the National Stock Exchange.
The cement maker is proposing to issue 7.57%, 3,000 secured redeemable NCDs on a private placement basis
Despite soft demand & realisation, operational efficiency, cost control help exceed profit estimates
Total consolidated income of the cement-maker rose by 4%
Jaiprakash Associates, Jaiprakash Power Ventures and Jaypee Infratech were up more than 5% each on the BSE.
The increase in the limits is subject to the approval of the members at the ensuing annual general meeting of the company
Cement major hopes for 7-8% growth in demand in FY17