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.
UltraTech's marketing journey in the rural Indian landscape was a transformative endeavour aimed at redefining the cement narrative. Instead of relying on traditional strength claims, the brand ...
Notably, cement companies' profit have been affected amid sluggish demand . According to CLSA, cement prices have been increased by Rs 10 to 30 per cent bag in ... in the back half of November.
Aditya Birla Group-backed cement giant UltraTech ... by around Rs 5-10 per 50 kg bag to Rs 350-400 in December. Sluggish pricing has also been reflected in UltraTech's key operational metrics ...