Page 3 - Ultratech Cement

UltraTech Cement lines up Rs 1.8K crore capex for cables biz foray

Over the past few years, Aditya Birla Group has also adopted a closer-to-the-end-consumer approach, with an expanded presence in jewellery, fashion retail, real estate, and paints

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

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

HeidelbergCement India surges 13% on heavy volumes in weak market; details

A combined 4.62 million equity shares, representing 6.7 per cent of total free-float equity of Heidelberg Cement India, have changed hands on the NSE and BSE thus far in trades

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

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

Markets gain for second day; Sensex rises 115 points, Nifty ends at 23,205

Most of the IT stocks that climbed on Thursday were outside the benchmark Sensex or the Nifty

Stock Market Close Highlights: Sensex adds 115pts, Nifty ends atop 23,200; UltraTech Cement zooms 7%

Stock Market LIVE on Thursday, January 23, 2025: At 7:17 AM, GIFT Nifty futures were trading 63 points lower at 23,136, indicating a lower start for the bourses

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 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

India Cements share slips 9% on weak Q3 show; net loss widens to Rs 429 cr

The fall in India Cements share price came on the back of weak results in the December quarter of financial year 2025 (Q3FY25)

UltraTech Q3 Preview: Analysts eye QoQ rise in sales, profit on rising vol

Cement major, UltraTech Cement is scheduled to deliver its December 2024 quarter results (Q3FY25) on Thursday, January 23, 2025

Nomura downgrades Shree Cement, ACC, Nuvoco, Dalmia Bharat; here's why

Nomura analysts project a 6 per cent year-on-year (Y-o-Y) volume growth for the Indian cement industry in FY26F, compared to an estimated 3 per cent in FY25F

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

Star Cement shares zoom 8% as Ultratech to buy 8.6% stake for Rs 851 crore

Star Cement-Ultratech Cement deal: Ultratech has approved to make an investment to acquire non-controlling minority stake for up to 37 million equity shares of Star Cement at a price Rs 235 per share

India Cements, UltraTech Cement gains up to 11% as CCI approves acquisition

CCIapproved making an open offer for up to 8,05,73,273 equity shares of Rs 10 each constituting 26 per cent of the equity share capital of the company, at a price of Rs 390 per equity share

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

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 Cement receives CCI query on India Cements acquisition

In June, UltraTech announced it would acquire about a 23 per cent stake in India Cements

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