Page 2 of Ultratech

UltraTech Cement net profit falls 37.9pc to Rs 1,062.6 cr, revenue up 19.5 pc in Q3

Updating the capital expenditure, UltraTech said under its first phase of growth launched in December 2020, it has commissioned 5.5…

January 21, 2023 18:01 IST

Ultratech Cement shares, Ultratech Cement share price, Ultratech Cement share price target

Ultratech Cement share price falls 2% but brokerages see up to 31% upside as Q1 earnings beat estimates

UltraTech Cement share price fell over 2 percent on Monday after the company reported a 6.8% decline in net profit…

Updated: July 25, 2022 15:33 IST

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

Holcim deal value too steep at $10 billion: Kumar Mangalam Birla, chairman, Aditya Birla Group

The Birla Group chief said he is open to buying assets that the government may put on the block, for…

May 26, 2022 04:15 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

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

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

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

India Inc brings home good Q3FY21 report card, most companies beat Street estimates

With expenditure contracting more than the fall in revenues, operating profit margins for the same expanded 500 bps y-o-y.

January 25, 2021 05:15 IST

UltraTech March quarter net up 9.9%

Aditya Birla group’s UltraTech Cement on Monday reported a 9.9% rise in its consolidated net profit to R722.56 crore for…

April 26, 2016 06:34 IST

Acquisition will help UltraTech consolidate: Kotak

UltraTech signed a definitive agreement with Jaiprakash for the acquisition of 21.2 mtpa capacity for 164 billion while leaving out…

April 2, 2016 00:08 IST

UltraTech Cement shares gains over 4 per cent on receiving RBI nod to hike FII stake to 30%

Jaypee Group sells cement plants to Ultratech for Rs 15,900 cr

Debt-ridden Jaiprakash Associates today announced the part sale of its cement business to the Kumarmangalam Birla-led Ultratech for Rs 15,900…

March 31, 2016 21:50 IST

Aditya Birla’s UltraTech buys JP’s cement plants for Rs 16,500 cr

Aditya Birla Group firm UltraTech today announced acquisition of debt-ridden JP Group’s cement plants for Rs 16,500 crore (about USD…

February 28, 2016 16:25 IST

UltraTech Q2 net up 3%, expects demand to pick in H2 FY16

UltraTech Cement today reported a 3 per cent growth in consolidated net profit at Rs 426.97 crore for the quarter…

October 19, 2015 20:04 IST

UltraTech cements spot with Jaypee unit buys

UltraTech Cement will likely acquire Jaiprakash Associates’s (JAL) 2.2 million tonne per annum (mtpa) cement units in Bhilai…

May 21, 2015 01:16 IST

Ultratech Cement Q4 net profit dips 24%

Ultratech Cement reported a 24 per cent dip in consolidated net profit at Rs 657.2 crore for the fourth quarter…

April 25, 2015 18:00 IST

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3 reasons why Nuvama maintains a ‘Hold’ on UltraTech Cement despite strong Q2 results

Market13 min ago

Nuvama Institutional Equities maintains a ‘Hold’ rating on UltraTech Cement with a target price of Rs 13,982, indicating a potential upside of 13%. Despite steady operational performance and expansion plans, rising costs and near-term pressures limit immediate upside. Q2FY26 saw 7% volume growth and steady demand, but realisations were under pressure.

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