Page 6 - Ultratech Cement

UltraTech's strong operational performance in Q1 enthuses the street

Better-than-expected realisations and lower costs led to improvement in per-tonne profitability

UltraTech Cement June quarter profit down 36 per cent to Rs 806 cr

The cement manufacturer said it achieved 60 per cent capacity utilisation in first 68 operating days since the national lockdown

UltraTech Cement surges 7% on strong operational performance in Q1

Consolidated Ebitda margins improved to 31 per cent in Q1FY21 from 27 per cent in the corresponding quarter of previous year

Higher prices, lower costs to cushion Cement firms in June quarter

Virus-led disruption, availability of labour major concerns

Cement's strength will be tested if demand, volumes fail to pick up

Firm realisation and lower costs bode well for profitability

Radhakishan Damani looks to acquire controlling stake in India Cements

Damani, the owner of Avenue Supermarts, has informally reached out to the cement manufacturer's controlling shareholder

India Inc takes cautious approach to Covid disclosures mandated by Sebi

Most firms not indicating financial impact

Covid-19 impact: UltraTech Cement restricts FY21 capex to Rs 1,000 cr

In a regulatory filing, the Aditya Birla Group firm said the capital and financial resources of the company remain entirely protected

Improving profitability, low valuations offer comfort in UltraTech

Strong cost controls, lower diesel, petcoke and coal prices helped

Cement companies face hard truths as revival looks tough due to Covid-19

Manufacturers in India and China were anticipating growth on the back of an infrastructure splurge. The pandemic has forced them to cut back, and revival this year looks tough

Market Ahead, May 20: All you need to know before the opening bell

Reliance Industries will be in focus today as its mega rights issue opens today and closes on June 3

Nifty may face stiff resistance at 9,500 level: Gaurav Garg of CapitalVia

As per weekly option data, handful of put writing on lower strikes ranging from 9,200 to 9,400 is seen which shows Nifty would witness firm support in sub 9,200 zone

Here's a derivative strategy on Ultratech Cement by HDFC Securities

The stock price has broken out from the symmetrical triangle on the daily chart

Covid-19 impact: Cement companies resume ops with minimal production

UltraTech Cement, as well as other companies like Dalmia Bharat Cement, Heidelberg Cement India and others, said that partial operations at some of the companies' plants have resumed

Coronavirus lockdown: Manufacturing grinds to a halt, companies shut plants

Universal Cables announced that operations at its manufacturing units in Satna had been temporarily suspended with effect from the midnight of March 24

Shree Cement pips Dabur and Godrej Consumer to replace Yes Bank in Nifty

Change effective March 27; NSE also moves Vodafone Idea, Indiabulls Housing Finance out of Nifty Next 50, brings in Torrent Pharma, Adani Transmission

UltraTech relatively happy in comparison with ACC on the D-Street

A likely demand improvement, declining costs is keeping some analysts positive on ACC, but UltraTech's better placed given higher per tonne profit and expanded capacities

UltraTech is now Asia's second-most valuable cement company by m-cap

UltraTech and Shree Cement now together account for a fifth of the combined m-cap of Asia's leading listed cement makers, against their 6 per cent share in industry's revenues

Market Wrap, Jan 27: Sensex tanks 458 pts; HDFC Q3 profit rises 296% YoY

Metal stocks were under heavy selling pressure today as investors grew increasingly anxious about the economic impact of spreading of China's Coronavirus outbreak

UltraTech Cement extends gain post Q3 results; stock hits over 7-month high

The company management said the signs of revival were visible in some markets during the latter part of the October-December quarter.