Cement is the key element in concrete ... Plus, there is a jetty and port, giving us a critical advantage to transport cement ” In an interaction in February this year, UltraTech MD K.C ...
NEW DELHI Leading cement producer UltraTech Cement on Friday announced the acquisition of a minority 8.69 per cent stake in Meghalaya-based Star Cement from the promoters in a deal worth Rs 851 crore, ...
India's UltraTech Cement will buy an 8.69% stake in Star Cement, it said on Friday, in a deal that could be valued at up to 8.51 billion rupees ($100 million) and firm its leading position in the ...
UltraTech Cement is expected to post a 26 percent fall in net profit year-on-year (YoY) for the quarter ending December 31 due to lower realization and higher depreciation, say analysts.
UltraTech's shares were up 0.7%. Star Cement, like many small cement mills, has suffered from larger competitors vying for market share. Its annual sales growth expected to slow to 6.8% this ...
The spread was at the tight end of final guidance of Treasuries plus 170bp, plus or minus 2.5bp ... which are not connected with the bonds, UltraTech is aiming by 2023 to replenish six times the ...
Dec 27 (Reuters) - UltraTech (ULTC.NS), opens new tab India's top cement maker will buy an 8.69% stake in Star Cement (STAT.NS), opens new tab, it said on Friday, in a deal worth up to 8.51 ...
UltraTech Cement, an Aditya Birla Group company, has acquired 8.69 per cent in Star Cement for ₹851 crore to further consolidate its position as the largest cement producer in the country.
Suresh Vasant Patil currently leads UltraTech Cement’s ready-mix concrete, key accounts, and building products division. Krishnagopal Ladsaria most recently served as CFO at Century Enka Ltd., ...
(Reuters) -UltraTech India's top cement maker will buy an 8.69% stake in Star Cement, it said on Friday, in a deal worth up to 8.51 billion rupees ($100 million) for a company that rival Adani Group ...