UltraTech Cement's margins shrank in Q3 despite revenue growth and falling fuel costs, but analysts had expected a worse hit.

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.

Jan 23 (Reuters) - UltraTech (ULTC.NS), opens new tab, India's top cement maker by capacity, signalled better core profit in upcoming quarters as the market absorbed price hikes and demand picked ...