Net sales up 4% to Rs 6,538 cr; Stock price nears 52-week high on Tuesday, ends marginally up at Rs 3,505.90 on BSE
Acquisition of JP group's cement assets will enhance market share, but it's likely to be earnings-dilutive initially
Acquisition of Jaiprakash group's cement assets at attractive valuation will give the firm entry in new markets
Under revised deal, UltraTech will buy 21.2 mt of cement capacity; excludes a 1.2 mt a plant in Karnataka