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Ultratech Cement

UltraTech Q3 Preview: Analysts eye QoQ rise in sales, profit on rising vol

Cement major, UltraTech Cement is scheduled to deliver its December 2024 quarter results (Q3FY25) on Thursday, January 23, 2025

UltraTech Q3 Preview: Analysts eye QoQ rise in sales, profit on rising vol
Updated On : 21 Jan 2025 | 12:54 PM IST

Nomura downgrades Shree Cement, ACC, Nuvoco, Dalmia Bharat; here's why

Nomura analysts project a 6 per cent year-on-year (Y-o-Y) volume growth for the Indian cement industry in FY26F, compared to an estimated 3 per cent in FY25F

Nomura downgrades Shree Cement, ACC, Nuvoco, Dalmia Bharat; here's why
Updated On : 09 Jan 2025 | 9:08 AM IST

UltraTech to buy 8.69% stake in Meghalaya-based Star Cement for Rs 851 cr

Aditya Birla Group company to expand presence in East India with new acquisition

UltraTech to buy 8.69% stake in Meghalaya-based Star Cement for Rs 851 cr
Updated On : 27 Dec 2024 | 11:33 PM IST

Star Cement shares zoom 8% as Ultratech to buy 8.6% stake for Rs 851 crore

Star Cement-Ultratech Cement deal: Ultratech has approved to make an investment to acquire non-controlling minority stake for up to 37 million equity shares of Star Cement at a price Rs 235 per share

Star Cement shares zoom 8% as Ultratech to buy 8.6% stake for Rs 851 crore
Updated On : 27 Dec 2024 | 9:43 AM IST

India Cements, UltraTech Cement gains up to 11% as CCI approves acquisition

CCIapproved making an open offer for up to 8,05,73,273 equity shares of Rs 10 each constituting 26 per cent of the equity share capital of the company, at a price of Rs 390 per equity share

India Cements, UltraTech Cement gains up to 11% as CCI approves acquisition
Updated On : 23 Dec 2024 | 10:07 AM IST

Cement shares in action: Heidelberg, UltraTech, Shree, Nuvoco zoom up to 4%

The renewed investor interest in the cement shares came on the back of reports that cement dealers have initiated price hikes since the start of December

Cement shares in action: Heidelberg, UltraTech, Shree, Nuvoco zoom up to 4%
Updated On : 11 Dec 2024 | 11:04 AM IST

UltraTech receives CCI notice over proposed acquisition of India Cements

Leading cement maker UltraTech Cement has received a notice from the fair trade regulator CCI over its proposed acquisition of the South-based India Cements Ltd. UltraTech Cement, in a regulatory filing, said it has received notice from the Competition Commission of India (CCI), and the Aditya Birla group flagship firm is confident in the merits of its case. "The Company has received a communication from the Competition Commission of India under Section 29 (1) of the Competition Act, 2002, regarding the proposed acquisition of The India Cements Ltd. The Company will be responding to the same," said UltraTech. The southern market for grey cement, where India Cements primarily operates, is highly competitive and fragmented, with the presence of over 35 grey cement manufacturers. "We are confident of the merits of our case," the Aditya Birla Group firm said. Under the CCI Act, where the fair trade regulator is of the opinion that a combination is "likely to cause, or has caused an ..

UltraTech receives CCI notice over proposed acquisition of India Cements
Updated On : 07 Dec 2024 | 3:48 PM IST

UltraTech Cement receives CCI query on India Cements acquisition

In June, UltraTech announced it would acquire about a 23 per cent stake in India Cements

UltraTech Cement receives CCI query on India Cements acquisition
Updated On : 06 Dec 2024 | 8:31 PM IST

Ultratech Cement shares gain 3% after expanding capacity at Kukurdih unit

Shares of Ultratech Cement rose as much as 2.90 per cent at Rs 11,525 a piece on the BSE in Monday's intraday trade

Ultratech Cement shares gain 3% after expanding capacity at Kukurdih unit
Updated On : 02 Dec 2024 | 11:29 AM IST

Stocks to Watch, Nov 27: Wipro, NTPC Green, JSW Steel, SAIL, Angel One

From NTPC to Wipro here is a list of stock that will be on investors' radar today

Stocks to Watch, Nov 27: Wipro, NTPC Green, JSW Steel, SAIL, Angel One
Updated On : 27 Nov 2024 | 7:20 AM IST

Prism Johnson posts bigger-than-expected Q2 loss on tepid cement demand

Average cement prices slumped to a 51-month low around July-end and the first half of August, and only rose marginally in the later part of the quarter

Prism Johnson posts bigger-than-expected Q2 loss on tepid cement demand
Updated On : 13 Nov 2024 | 2:27 PM IST

JK Lakshmi Cement Q2 results: PAT slides 91% to Rs 7.54 cr on weak demand

The company's profit after tax fell to Rs 7.54 cror (about $894,500) for the quarter ended Sept. 30, from Rs 83.03 crore s a year ago

JK Lakshmi Cement Q2 results: PAT slides 91% to Rs 7.54 cr on weak demand
Updated On : 06 Nov 2024 | 7:19 PM IST

Ambuja Cements rivals UltraTech in limestone reserves via acquisitions

Gap in the two competitors' reserves is narrower than that in manufacturing capacities

Ambuja Cements rivals UltraTech in limestone reserves via acquisitions
Updated On : 28 Oct 2024 | 1:53 PM IST

UltraTech Cement rallies 3% in range-bound market on strong outlook

The management believe that new infrastructure project orders will start gaining momentum, although it has been a subdued start from Q1 and during the reported quarter.

UltraTech Cement rallies 3% in range-bound market on strong outlook
Updated On : 24 Oct 2024 | 3:22 PM IST

Cement shares in focus as Ambuja to buy Orient; trading strategy here

Barring HeidelbergCement most of the cement stocks look technically weak on the charts; Ambuja Cements is on the verge of seeing a 'Death Cross' formation on the daily chart.

Cement shares in focus as Ambuja to buy Orient; trading strategy here
Updated On : 22 Oct 2024 | 11:51 AM IST

UltraTech Cement up 2% as co eyes 7-8% growth in future; brokerages vary

UltraTech Cement's consolidated profit dropped 36 per cent year-on-year (Y-o-Y) to Rs 825 crore in the September quarter of FY25, from Rs 1,280 crore in the September quarter of FY24.

UltraTech Cement up 2% as co eyes 7-8% growth in future; brokerages vary
Updated On : 22 Oct 2024 | 10:18 AM IST

UltraTech Cement Q2FY25 results: Net profit dips 36% to Rs 820 crore

Cement sale volume slow down, growing at three percent YoY in Q2

UltraTech Cement Q2FY25 results: Net profit dips 36% to Rs 820 crore
Updated On : 22 Oct 2024 | 12:00 AM IST

UltraTech Cement shares slip as Q2 net profit plunges 36% to Rs 820 crore

UltraTech Cement's consolidated net profit for the quarter stood at Rs 820.04 crore, down 36.01 per cent from Rs 1,281.45 crore in the year-ago period

UltraTech Cement shares slip as Q2 net profit plunges 36% to Rs 820 crore
Updated On : 21 Oct 2024 | 2:53 PM IST

UltraTech shares muted ahead of Q2 results; Revenue to fall, say analysts

Analysts tracking the cement sector say that subdued economic activity in the first quarter is likely to weigh on sector leader UltraTech Cement's numbers, which reports its Q2 results today

UltraTech shares muted ahead of Q2 results; Revenue to fall, say analysts
Updated On : 21 Oct 2024 | 12:20 PM IST

Ultratech Cement stock better placed amid recovery hopes in demand

Cement players hiked prices in Sept'24, but had to roll back prices in the South. In the first week of Oct'24, price hikes have again been announced and it remains to be seen if these are sustained

Ultratech Cement stock better placed amid recovery hopes in demand
Updated On : 08 Oct 2024 | 11:29 PM IST