Page 3 - Ultratech Cement

UltraTech Cement emerges preferred bidder for limestone block in Karnataka

The block is situated in Tehsil Chittapur of Kalburgi district in Karnataka

Analysts say cement stocks now attractive; price hikes to ease margin woes

Analysts believe current input cost headwinds are transitory as likely price hikes by companies will help aid margin pressures.

Cement shares in focus; Sagar Cements zooms 20%, UltraTech, Ambuja up 3%

Despite these ongoing cost related challenges, demand outlook is expected to stay healthy from long-term perspective

Investors' wealth jumps over Rs 2.51 trillion as stocks rebound

Sun Pharma the biggest gainer among Sensex firms with a jump of 3.99 per cent, followed by TCS, NTPC, Wipro, Tech Mahindra, Dr Reddy's, UltraTech Cement and Infosys

UltraTech Cement dips 3% on weak operational performance in Q3

The company is hopeful that cost inflation has peaked out and, with demand picking up, all of this should bolster volume growth and lead to margin rebound Q4 onwards.

UltraTech Q3 net up 7.8% YoY at Rs 1,708 cr on tax credits, better sales

As per Bloomberg estimates, the company's top line was seen at Rs 12,985 crore, while the bottom line was expected to be at Rs 1,494 crore in quarter ended December

Top headlines: India's billionaire count now 142; Punjab polls rescheduled

Business Standard brings you the top headlines on Monday

Sensex gains 86 pts; Nifty above 18,300; HCL Tech slumps 6%; Auto stocks up

In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.

Ultratech Cement Q3 consolidated net profit rises 8% to Rs 1,708 cr

Revenue from operations rose by 5.89% to Rs 12,984.93 crore during the quarter under review

Market wrap: Sensex stages smart recovery, ends 12 pts down; Nifty holds 18,250

Mindtree dips 4% on profit booking after December quarter results; Aurobindo Pharma ends 5% down on US FDA warning letter for unit; India Cements gains 4%; hits highest level since January 2008

ACC, Grasim: Cement stocks have more steam left in the short-term

All the major cement stocks are gearing up for next upside, check the near term support and likely targets here

UltraTech Cement gains 4%, hits record high on strong demand outlook

The company is witnessing strong demand from various infrastructure constructions such as highway construction, railways, metro rail, irrigation projects, airports and urban housing market

Weak demand, high cost to keep cement firms' EBITDA muted in Q2: Centrum

Q2FY22 is generally a weak quarter for cement makers due to monsoon, but the quarter under preview has also been affected by rising coal and pet coke prices and a transporters' strike

UltraTech Q2 net profit flat at Rs 1,310 cr, revenue rises 16%

During the quarter, UltraTech's consolidated sales volume was at 21.64 million metric tons, registering a year-on-year growth of 8%

UltraTech Cement accounts for 77% of Aditya Birla Group's profit in FY21

Overall, the combined net profit of the group's listed companies was Rs 7,115 crore in FY21

Cement shares in demand; UltraTech, Ambuja, Dalmia Bharat hit new highs

In the past one month, shares of Dalmia Bharat, JK Lakshmi Cement, Ramco Cement and Ambuja Cement have rallied between 11 per cent and 19 per cent

Stocks to watch: Avenue Supermarts, Bandhan Bank, Hero Moto, UltraTech

The National Company Law Tribunal has initiated insolvency proceedings against construction firm Ahluwalia Contracts India for defaulting on payments to an operational creditor

UltraTech Cement Q4 consolidated net declines 45% to Rs 1,775 crore

Net sales of the Aditya Birla Group company stood at Rs 14,405 cr in the final quarter of FY21, up 33% from same period last year on strong demand for the commodity

Stocks to watch: Hero MotoCorp, HDFC, Tata Consumer, Adani Power, UltraTech

UK-based fintech company, Infinity Circle, has selected Zensar Technologies for the end-to-end development of its next-gen wealth management platform

Sensex dips 627 pts as investors book profit on last trading day of FY21

The S&P BSE Sensex and Nifty50 have rallied 68 per cent and 70.8 per cent, respectively in FY21