UltraTech Cement has announced an agreement to acquire a 26% equity stake in CleanMax Sapphire, a special-purpose vehicle (SPV) formed to cater to the company’s renewable energy needs.
At the star-studded awards night, UltraTech Cement has been recognised for its groundbreaking marketing strategies at IMA 2024, securing six prestigious metals for its innovative and impactful ...
Mumbai: The heightened competition in India’s cement sector continues to take its toll on cement makers. Market leader UltraTech Cement Ltd’s margins shrunk during the October-December quarter ...
UltraTech has also invested ₹ 7,760 crore to acquire a non-controlling 8.42% stake in Northeast-focused Star Cement Ltd. Easier said than done That said, steep earnings upgrades may not come easily.