UltraTech Cement reported an 11% YoY consolidated volume growth in Q3FY25 (Reuters) The brokerage firm, Nuvama, has raised its target price for UltraTech Cement to Rs 11,574 per share while ...

UltraTech Cement has priced a US$400m 10-year sustainability-linked bond, the first such offering from India. The 2.8% bonds priced at 99.611 to yield 2.845%, equivalent to Treasuries plus 167.5bp.

As UltraTech Cement and Ambuja Cements look to expand organically and undertake major buyouts, the sector is set for a dramatic change. What lies ahead? The upending of India’s cement market in ...

UltraTech Cement on firm ground, but steep earnings upgrade unlikely Harsha Jethmalani 3 min read 24 Jan 2025, 12:51 PM IST Debt is expected to peak in FY26 and fall thereafter, management said.