Fri, Jan 19, 2024
Its revenue from operations rose 7.85 per cent to Rs 16,739.97 crore during the period. It was Rs 15,520.93 crore in the corresponding period a year ago.
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Tue, Jan 02, 2024
Ultratech Cement: Q3 Business Update, Quarterly and YoY growth in Conso and Domestic sales volumes, Both Domestic and Overseas sales volumes increased in Gray Cement, QoQ and YoY growth in White Cement also
Fri, Dec 01, 2023
UltraTech Cement has scaled new heights, reaching an all-time high following its planned acquisition of Kesoram Industries' cement assets. This strategic move is expected to strengthen UltraTech's presence in the South and Western regions of India, propelling its growth trajectory. Join us as we delve into the details of this acquisition, analyze its implications for UltraTech, and explore the broader consolidation trends shaping the Indian cement industry.
Mon, Jan 23, 2023
The Aditya Birla Group cement major reported a net profit of Rs 1,058 crore for the October-December period, as against a net profit of Rs 1,707 crore for the corresponding period a year ago.
Sat, Jan 21, 2023
Q3 profit and margins were mainly under pressure due to higher energy and raw material costs, which were up 33 per cent and 13 per cent YoY, respectively, the company said in its earnings filing.
Q3FY23 Live Updates: Private sector lenders ICICI Bank and Kotak Mahindra Bank along with cement major Ultratech Cement announced their third-quarter results for this fiscal on Saturday, January 21, 2023.
Mon, Jan 02, 2023
Sanjiv Bhasin strategy, stocks on Zee Business: Sensex and Nifty started the first day of trade of the New Year on a positive note. At 11 AM, the Sensex was up more than 300 points to trade above 61,100. Likewise, Nifty50 gained more than 80 points to trade near 18,200.
Mon, Dec 19, 2022
UltraTech Cement shares have underperformed the Nifty50 by over 11% in 1-year yielding negative 5.4% returns versus 5.9% returned by the latter according to data sourced from Trendlyne. Momentum indicators RSI and MFI are at 50.8 and 63.6, respectively. A number below 30 is considered oversold and above 70 indicates overbought
Thu, Dec 15, 2022
Brokerage firms have recommended three stocks having potential to yield up to 26%. One may consider the brokerage recommendations for positive yield
Tue, Dec 06, 2022
The 30-share BSE benchmark ended 208.24 points or 0.33 per cent lower at 62,626.36. The broader NSE Nifty declined 58.30 points or 0.31 per cent to end at 18,642.75.
Thu, Dec 01, 2022
Nifty, Sensex, gainers, losers, UltraTech Cement, Hindalco, ICICI bank: Among the sectoral pack, IT, metal and realty remained in flavour while energy, auto and FMCG were slightly on the back foot.
Wed, Oct 12, 2022
Given a well laid out organic growth roadmap and relatively cheaper valuations, CLSA prefers UltraTech over Ambuja as it gives Outperform rating to the former and Sell stance to the latter.
Sat, Sep 24, 2022
global brokerage are bullish on cement stocks for this week after adani group acquisition of ACC and ambuja cement. As an investors here you know the stocks name and target price for the future investment
Wed, Sep 21, 2022
Heavyweights such as Ambuja Cement, ACC, UltraTech Cement and Shree Cement crashed 5 to 7 per cent on Wednesday.
Wed, Sep 07, 2022
Individually, Shree Cement shares jumped most by over 8 per cent to close at Rs 23,452.65 a share, followed by JK Lakshmi Cement shares up over 6.5 per cent to close at Rs 489.9 apiece on the BSE.
Fri, Jul 22, 2022
UltraTech Q1 results 2022: The company had posted a net profit of Rs 1,700.03 crore in the April-June period a year ago, UltraTech Cement said in a BSE filing.
Tue, Jul 12, 2022
Brokerage firms have shared their thoughts and targets on various shares in the cement sector. These stocks include ACC, Ambuja and UltraTech Cement. Know what are the brokerage targets on these stocks.
Mon, Jun 06, 2022
Stock market has been trading volatile for the past few months on back of several domestic and global triggers. On Monday, when the Reserve Bank of India began its three-day MPC meeting, benchmark indices Nifty50 and Sensex were trading with minor cuts of 0.36% to 16, 524 and 55,560 around 12.15 pm.
Fri, Jun 03, 2022
Shares of UltraTech Cement declined more than 5% on Friday, a day after the company's board approved Rs 12,886 crore capex plan
Mon, May 16, 2022
The market expert and IIFL Securities Director Sanjeev Bhasin said on Monday that it takes 1-2 days to make the bottom but he is optimistic that the market will resume its upward journey.
Sun, May 01, 2022
Top Nifty50 companies including Wipro, Maruti Suzuki and Ultratech Cement announced their March quarter results this week. Analyst Sanddep Jain while speaking to Zee Business' Swati Raina explains what lies ahead for the stocks of these companies and if investors should make a move in them
Fri, Apr 29, 2022
Aditya Birla group firm UltraTech Cement Ltd on Friday reported an increase of 47.32 per cent in its consolidated net profit at Rs 2,613.75 crore in the fourth quarter ended March 2022
Fri, Apr 15, 2022
UltraTech Cement on Friday announced investing USD 101.10 million (around Rs 839.52 crore) for a 29.39 percent equity stake in the UAE-based RAK Cement Co for White Cement and Construction Materials PSC (RAKWCT).
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