Page 5 - Ultratech Cement

UltraTech Cement crosses Rs 1.5 trillion m-cap; stock up 7% in 3 days

The company informed, on December 3, that its board has approved increasing the firm's capacity by 12.8 mtpa, with a mix of brown field and green field expansion at a capex of Rs 5,477 crore

UltraTech Cement shares close with over 4% gain on investment plan

The country's largest cement maker on Thursday announced a Rs 5,477-crore investment to add 12.8 million tonnes (MT) capacity

UltraTech Cement surges 4%, hits record high on Rs 5,477 crore capex plan

The additional capacity will be created in the fast-growing markets of the east, central and north regions in the country.

UltraTech Cement to invest Rs 5,477 cr to raise capacity by 12.8 mn tonnes

Expansion could be a mix of brown and green field projects; demand in eastern part of India strongest of all regions, say brokerages

SBI draws from Binani Cement deal, backs another bidding round for DHFL

Lender has the highest exposure to the bankrupt firm, want to maximise asset's value

Adani Gas, UltraTech, HDFC Life, and Astral Poly hit record high today

Adani Green Energy and Adani Gas have rallied 50 per cent in the past month, as compared to a 10 per cent rise in the S&P BSE Sensex.

Infosys, PI Industries, ICICI Bank: Top picks of brokerages for Samvat 2077

According to Axis Securities, the small and midcaps are picking up steam and they should deliver solid returns in 2021 as economic uncertainties will reduce and volatility will decline

UltraTech Cement nears record high on healthy demand outlook

In the past two months, UltraTech Cement has outperformed the market by surging 23 per cent, as compared to an 11 per cent gain in the S&P BSE Sensex.

Samvat 2077: Investors must look for safety first, tone down expectations

Given the sharp volatility, it is preferable to stick to leaders or top-tier players across sectors as they consolidate their position and gain market share

Rebound in demand helps UltraTech Cements lead over peers in Sept qtr

Ambuja, ACC also put up good showing, which has led to a significant earnings upgrade for the trio

Fresh demand for cement seen improving in FY21: Atul Daga of Ultratech

In a Q&A, the CFO of the firm says he sees a spike in costs as it looks to spend on marketing, advertising and branding in the coming months

UltraTech Cement reports over two-fold jump in Q2 net profit at Rs 1,235 cr

The leading cement producer had posted a net profit of Rs 578.55 crore in July-September quarter a year ago, UltraTech Cement said in a regulatory filing

MARKETS: Metal, realty stocks shine in choppy trade; Sensex ends 163 pts up

All that happened in the markets today

UltraTech Cement trades firm on strong operational performance in Q2

The company's consolidated net profit more than doubled at Rs 1,234 crore in Q2FY21, against Rs 579 crore in Q2FY20.

UltraTech Cement hits 7-month high; stock surges 7% in 3 days

The stock of the cement major was trading higher for the third straight day, ralling 7 per cent during the period and was trading at its highest level since March 6, 2020

Cement stocks rise; UltraTech, ACC gain 3%, Ambuja Cements hits 52-wk high

Analysts at Emkay Global Financial Services remain positive on the cement sector and expects industry volume to start improving from the January-March quarter (Q4FY21)

Nifty may face resistance in sub-11,350 zone: Gaurav Garg of Capital Via

We can witness short-covering move along with addition of fresh position only if Nifty breaches level of 11,350. Therefore, traders should try to create long position, keeping close eye on 11,200

Cement demand could not be sustained due to Covid-19 pandemic: K M Birla

Birla informed shareholders that cement demand for most of FY2020 was sluggish, with improvement expected December onwards

Nifty outlook and stock pick by HDFC Sec: Buy UltraTech Cement, Sanofi

NIfty has been forming higher tops and higher bottoms on the daily charts. Nifty is placed above 20,50,100 and 200 days moving averages, indicating bullish trend on all time frames

UltraTech Cement expects subdued performance as economy slows down

Leading cement maker UltraTech Cement expects a "subdued performance" in the wake of weak real estate and overall slowdown in the economy coupled with the impact of the coronavirus pandemic