Ultratech Cement
UltraTech uses LNG trucks to transport cement as part of ESG initiative
UltraTech is making strides in its commitment to sustainability and decarbonisation of its operations with this second deployment of GreenLine's LNG-powered fleet of trucks
 "UltraTech uses LNG trucks to transport cement as part of ESG initiative")
Cement stocks riding high on hopes of higher demand, capex push
Price wars led by increasing capacities and aggressive competition may mar prospects
 "Cement stocks riding high on hopes of higher demand, capex push")
Cement shares in focus; UltraTech, Dalmia Bharat hit 52-week highs
Most managements continue to be positive on the cement demand, led by the government's thrust on infrastructure projects, pick-up in urban real estate, and likely recovery in the rural segment.
 "Cement shares in focus; UltraTech, Dalmia Bharat hit 52-week highs")
Cement trades weak on profit-booking; UltraTech dips 3% post Q3 results
UltraTech Cement said that rising government spending, recovery in the rural economy on a pickup in farm incomes and pre-sales of housing real estate should also help the industry recover.
 "Cement trades weak on profit-booking; UltraTech dips 3% post Q3 results")
Ultratech Cement's Q3 net profit falls 38% to Rs 1,062 cr, revenue up 19.5%
Revenue from operations, however, rose 19.53 per cent to Rs 15,520.93 crore from Rs 12,984.93 crore in the corresponding period a year ago, its results showed
 "Ultratech Cement's Q3 net profit falls 38% to Rs 1,062 cr, revenue up 19.5%")
UltraTech Cement quarterly profit falls 38% due to surge in expenses
India's top cement maker, UltraTech Cement, reported a 38% decrease in quarterly profit on Saturday, dented by a surge in expenses
F&O Call: Nandish Shah recommends Bull Spread strategy on UltraTech Cement
The derivative analyst from HDFC Securities suggests to BUY 7,200 Call for January 25 expiry of UltraTech Cement, and simultaneously SELL 7,400 Call of the same series.
 "F&O Call: Nandish Shah recommends Bull Spread strategy on UltraTech Cement")
IRM India Affiliate, Ultratech to bolster risk-readiness in cement sector
The two will be organising webinars, roundtables, industry meetings, and thought leadership articles towards knowledge building for the sector
 "IRM India Affiliate, Ultratech to bolster risk-readiness in cement sector")
Ultratech drops out of race to buy Jaiprakash Associates' cement assets
Lack of agreement over valuation spurs decision; deal would have provided relief to Indian lenders, which have an exposure of Rs 28,753 crore to Jaiprakash
Top listed cement companies' margins, profits lowest in a decade
The industry's combined quarterly earnings in Q2FY23 were the lowest since July-September 2013
 "Top listed cement companies' margins, profits lowest in a decade")
ACC, UltraTech Cement, Ramco: Here's how cement stocks look on the charts
Except Ambuja Cements, Ultratech Cement, Ramco Cements, and India Cements need to surpass crucial key levels to lead to a rally ahead
 "ACC, UltraTech Cement, Ramco: Here's how cement stocks look on the charts")
Cement shares gain on hopes of demand recovery; UltraTech, Ambuja up 3%
Analysts expect industry margin to bottom out in Q2, with peaking of cost, higher exit of cement prices, and pick-up in construction activity in coming quarters
 "Cement shares gain on hopes of demand recovery; UltraTech, Ambuja up 3%")
Similar P/E for cement & IT 'extraordinary': Kotak Institutional Equities
Brokerage says IT services firms score over cement on key parameters such as return on average capital employed, free cash flow to Ebitda ratio, dividend, and buyback payouts vis-a-vis PAT
 "Similar P/E for cement & IT 'extraordinary': Kotak Institutional Equities")
UltraTech Q2 net profit falls 42% to Rs 756 cr on higher energy costs
The pick-up in retail demand was led by pre-Diwali construction gaining momentum, UltraTech said
 "UltraTech Q2 net profit falls 42% to Rs 756 cr on higher energy costs")
Top headlines: UltraTech Q2 net falls 42%; rupee breaches 83 per dollar
Besides, rising crude prices in the international markets and risk-averse sentiment among investors weighed on the local currency, traders said
 "Top headlines: UltraTech Q2 net falls 42%; rupee breaches 83 per dollar")
Sensex gains 147 pts; Nifty holds 17,500; Rupee hits record low of 83/$
CLOSING BELL: HDFC, Nestle India, ITC, RIL, Axis Bank, and Ultratech Cement were the top gainers
 "Sensex gains 147 pts; Nifty holds 17,500; Rupee hits record low of 83/$")
UltraTech, JSW in race to acquire India Cements' project in Madhya Pradesh
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.
Top Gainers and Losers, NSE: TECHM grows 3.4%; ULTRAMCEMCO falls 1.9%
Today NSE Top Gainers and Top Loser, 9 Sept: Tech Mahindra rose by 3.4 percent, UltraTech cement falls by 1.97 percent. Read this detailed report on gainers and losers in National Stock Exchange
 "Top Gainers and Losers, NSE: TECHM grows 3.4%; ULTRAMCEMCO falls 1.9%")
India's cement sector to add 80-100 mt capacity by FY25: K M Birla
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
 "India's cement sector to add 80-100 mt capacity by FY25: K M Birla")
How to trade RIL, ICICI Bank, Infosys, UltraTech Cement post Q1 results?
ICICI Bank can rally to a new high if the stock manages to sustain above its 200-DMA; Infosys and UltraTech Cement too look promising, while Rs 2,350-level remains the key for Reliance Industries.
 "How to trade RIL, ICICI Bank, Infosys, UltraTech Cement post Q1 results?")
