Page 7 of UltraTech Cement

stocks to buy, ultratech cement, cement stocks

Ultratech Cement shares underperform Nifty, down 25% YTD; should you buy, hold or sell?

Ultratech Cement share price has plunged over 25 per cent so far this year, underperforming even benchmark NSE Nifty 50…

June 6, 2022 10:27 IST

While Ramco Cements slumped 9.3% to its two-year low, Shree Cement saw their shares plunging to the lowest level since October 2020.

Cement stocks crack after UltraTech approves capital expenditure of Rs 12,886 crore to increase production capacity

Shares of cement makers plunged on Friday after bellwether UltraTech approved capital expenditure of Rs 12,886 crore to increase production…

June 4, 2022 02:15 IST

This would be achieved by setting-up integrated and grinding units and bulk terminals across the country, the firm said in a statement.

UltraTech to invest Rs 12,886 crore to increase capacity

The commercial production from these new capacities would go on stream in a phased manner by FY25. UltraTech’s current expansion…

June 3, 2022 01:15 IST

Cement sector set to see new wave of consolidation

The Adani Group’s acquisition of Holcim’s India assets — Ambuja Cements and ACC — for $10.5 billion may further intensify…

Updated: May 19, 2022 08:06 IST

The Birlas have formally put in a bid for Holcim's assets. The acquisition will be done through Ultratech, a source in the know of the development told PTI.

Ultatech makes a formal bid for Holcim’s India assets

The JSW Group, which is already present in the sector and the Adani Group which does not have a presence,…

May 11, 2022 22:17 IST

Key risk: Lower demand/ pricing and sharp cost escalations.

UltraTech Cement rating – Buy: Ebitda was in line with estimate

Earnings to be volatile due to high fuel costs; Ebitda for FY23/24 down 18/5%; target price cut to Rs 8,500

May 3, 2022 02:30 IST

UltraTech consolidated net profit surges 47% to Rs 2,620 crore in Q4

The company saw energy costs rise 48%, with prices of pet-coke and coal doubling during the period.

April 30, 2022 00:56 IST

RIL, Axis Bank, Maruti Suzuki, Vedanta, Colgate, Infosys, Ultratech Cement, IndusInd Bank stocks in focus

Indian equity markets are likely to open gap-up amid strong global cues. Nifty futures were trading 78 points, or 0.45…

April 29, 2022 08:03 IST

The Switzerland-based building materials conglomerate holds a 63.1% stake in Ambuja and a 4.48% stake in ACC, while Ambuja also holds a 50.05% stake in ACC.

UltraTech Cement to remain market leader even if Holcim sale goes through

A number of private equity firms could also join the race, forming consortiums that include Adani Group or JSW Group,…

April 16, 2022 03:30 IST

UltraTech invests USD 101.1 million in UAE-based RAKWCT, acquires 29.39% share

This is a “strategic investment” for the company, Aditya Birla Group firm said in a regulatory update.

April 15, 2022 21:29 IST

A Bench led by Justice SA Nazeer sought response from the Ministry of Environment and Forests, the Gujarat government and the state pollution authorities and others after Ultratech urged the apex court that the NGT order should be set aside for being perverse, unsustainable and arbitrary.

Quashing of environmental clearance: Ultratech Cement moves SC against green tribunal order

The tribunal had in June last year, appointed an eight-member joint fact-finding committee to look into the alleged violations and…

April 9, 2022 03:00 IST

Ambuja Cements medium-term demand outlook strong; Jefferies says ‘buy’, stock may rally 22%

Ambuja Cements expects industry demand growth for CY22 to be in line with GDP growth for the country, however, demand…

March 16, 2022 13:16 IST

Dilemma over price hike: Poor demand adds to pain of cement companies hit by high input costs

Margins of top Indian cement manufacturers – including ACC, Gujarat Ambuja and UltraTech – recorded a 6-8% fall in December…

March 10, 2022 08:23 IST

Cement stocks, UltraTech Cement, ACC, Ambuja Cements

ACC, Ambuja, other cement stocks’ target prices cut, coal, pet coke get costlier; should you buy, sell, hold?

Cement companies stocks were in focus amid rising coal and pet coke prices, which are key raw materials for the…

March 4, 2022 10:24 IST

52-week highs, 52-week lows: TCS, L&T among stocks to hit 52-week high on BSE, 5 scrips at fresh lows

More than 400 stocks including, TCS and Larsen & Toubro hit 52-week high on the Bombay Stock exchange (BSE), while…

January 18, 2022 12:48 IST

UltraTech Cement shares fall 2.5% despite in-line Q3 results; should you buy, hold or sell? What analysts say

UltraTech Cement reported a consolidated profit after tax (PAT) of Rs 1,708 crore for the quarter ended 31 December 2021,…

Updated: January 19, 2022 15:33 IST

Cement stocks to buy: Better realisations offset costs for firms, buy these 4 shares

Analysts at JM Financial said that cement stocks have rallied and are now sitting at high trading multiples.

August 25, 2021 11:31 IST

Nuvoco Vistas listing day strategy: Dull debut expected after CarTrade loss; should you buy, sell or hold?

The Indian stock market will see the listing of Nuvoco Vistas on Monday, 23 August, followed by Aptus Value Housing…

August 20, 2021 15:37 IST

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