With the acquisition of The India Cements Limited, UltraTech’s cement capacity has increased to 171.11 mtpa, on a consolidated basis," said the company. "Upon completion of the ongoing expansion ...
India Cements shares climbed 11 per cent to hit a high of Rs 376.30 on BSE. UltraTech Cement, on the other hand, rose 1.14 per cent to Rs 11,555 level at open. An analyst at Arihant Capital said ...
UltraTech Cement’s (UTCEM) 3QFY25 operating performance was in line with our estimate, with EBITDA standing at INR28.9b (declined 11% YoY). EBITDA/t stood at INR951 (-20% YoY; vs. est.
With the cement industry volumes projected to rise by 8–9% year-over-year in the second half of FY25, brokerage firm Motilal Oswal has reaffirmed its bullish stance on cement majors like ...
Aditya Birla Group company UltraTech Cement, the country’s biggest cement manufacturer, is reported to be in talks to acquire Heidelberg Cement India Ltd, the India-listed business of German ...
Adani’s whirlwind entry into the market has led to a ruthless push for market share among top players, who have slashed prices to retain customers. UltraTech, however, expects India’s cement ...