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Mumbai/IBNS, Dec. 27 -- UltraTech Cement Ltd has announced the acquisition of an 8.69 percent stake in Star Cement Ltd for Rs 851 crore. The transaction includes the purchase of up to 3.7 crore ...
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.
UltraTech Cement's board has approved acquiring approximately 8.69% stake in Star Cement for a value not exceeding Rs 851 crore, the company said in an exchange filing. The nod for the acquisition ...
UltraTech Cement is reportedly in advanced talks to acquire the Indian operations of HeidelbergCement. The country’s largest cement maker, which is facing stiff competition from Gautam Adani, is ...
Aditya Birla group's UltraTech Cement seems to continue with its aggressive expansion through stake purchases and acquisitions as competition in the sector intensifies. UltraTech Cement is in advanced ...
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 ...
(Reuters) - UltraTech Cement, India's top cement producer by capacity, is in advanced talks with German firm Heidelberg to acquire its Indian unit, Moneycontrol reported on Monday, citing sources ...
(Reuters) UltraTech Cement, India’s top cement producer by capacity, is in advanced talks with German firm Heidelberg to acquire its Indian unit, Moneycontrol reported on Monday, citing sources ...
UltraTech Cement, Ambuja Cements, and JK Cement have received 'buy' ratings from JM Financial due to promising growth prospects amid sector recovery driven by infrastructure and housing initiatives.