by Team Small News | Jan 7, 2025 | UltraTech Cement
Cement companies are expected to report structurally positive results for the third quarter (Q3) of the current financial year. Motilal Oswal has listed Ambuja Cements, UltraTech Cement, and JK Cement as their top picks in the cement sector. The research firm expects... by Team Small News | Jan 6, 2025 | UltraTech Cement
UltraTech Cement, a leading cement manufacturer in India, saw its stock price fall on Monday, underperforming the broader market. The company’s shares declined by 2.5% to close at ₹4,443.20, while the Nifty 50 index rose by 0.4%. The decline was attributed to... by Team Small News | Dec 30, 2024 | UltraTech Cement
Aditya Birla Group’s UltraTech Cement has acquired a 26% stake in YES Bank, a private sector lender, thereby becoming its largest shareholder. This deal valued YES Bank at around Rs 8,300 crore. The acquisition is part of UltraTech Cement’s strategy to... by Team Small News | Dec 25, 2024 | UltraTech Cement
The Indian cement industry is seeing a major consolidation phase, with two leading players, UltraTech Cement and Ambuja Cements, acquiring over 50 MTPA (million tonnes per annum) capacity for $4.5 billion, respectively. This is a massive move, signaling a significant... by Team Small News | Dec 22, 2024 | UltraTech Cement
UltraTech Cement, a leading cement manufacturer in India, has cleared a major hurdle in its acquisition of India Cements. The Competition Commission of India (CCI) has approved the deal, subject to certain conditions. The acquisition is valued at approximately ₹5,500... by Team Small News | Dec 22, 2024 | UltraTech Cement
UltraTech Cement has received clearance from the Competition Commission of India (CCI) to acquire a majority stake in India Cements Ltd. The approval comes after UltraTech Cement’s proposal to acquire a 52.03% stake in India Cements was reviewed by the CCI. The...