Ultra Tech

India Cements had indicated in its FY22 annual report that it had acquired 184.53 hectares of limestone-bearing land at Pawai Tehsil in Panna District of Madhya Pradesh.

Adani stake is worth Rs 1.01 trillion as of Tuesday

Birla said the new round of expansion by UltraTech will take its capacity to 159.25 mtpa, reinforcing its position as the third-largest cement company in the world, outside of China

The acquisition is expected to cost around $10 billion (Rs 76,000 crore), including the open offers for the shareholders of both Ambuja Cements and ACC

The shares have been acquired at a cost of USD 101.10 million, it said. This together with the existing shareholding, will result in UCMEIL holding 29.79 per cent of RAKWCT's equity share capital

Three top players, UltraTech, Ambuja and ACC post a robust performance in June quarter

Aditya Birla group firm UltraTech Cement Ltd reported over two-fold jump in its consolidated net profit to Rs 1,700 crore in first quarter, helped by volume growth, increased operational efficiencies.

All-India average cement price, according to analysts' estimates, is likely to be up around 1 per cent quarter-on-quarter (QoQ) and nearly 5 per cent YoY in Q4-FY21E

A total of 132 companies, including UltraTech Cement, Nestle India, and IDBI Bank, are scheduled to announce their results today

Leading business houses report pre-tax loss of Rs 19,342 crore in Q4

The lenders had expressed concern about the rising costs of proceedings, while approving UltraTech's offer