UltraTech Cement reported a drop in Q3 profit despite a rise in sales to ₹16,971 cr; achieved 73% capacity utilisation and 10 ...
UltraTech Cement's margins shrank in Q3 despite revenue growth and falling fuel costs, but analysts had expected a worse hit.
UltraTech Cement reports 17% decline in net profit, acquires majority stake in India Cements, plans for capacity expansion.
Dec 27 (Reuters) - UltraTech (ULTC.NS), opens new tab India's top cement maker will buy an 8.69% stake in Star Cement (STAT.NS), opens new tab, it said on Friday, in a deal worth up to 8.51 ...
The development comes three days after the Aditya Birla group firm completed the acquisition of a controlling stake in India Cements Ltd, turning the south-based company into its subsidiary. UltraTech ...
The Kumar Mangalam Birla led UltraTech has bought 3.70 equity shares at ₹235 per equity shares, said the company in a statement on Friday. Star Cement, a leading player in North-Eastern India ...
UltraTech Cement has acquired a 55.5% stake in India Cements, making it a subsidiary. The acquisition adds 14.5 million tonnes of production capacity to UltraTech's portfolio. The deal, totaling ...
The acquisition comes after UltraTech completed the acquisition of a controlling stake in India Cements, further solidifying its dominance in the Indian cement sector. The deal marks UltraTech’s ...
Competition Commission of India (CCI) has approved UltraTech Cement's acquisition of a majority stake in India Cements. UltraTech will acquire a 32.72% stake from promoters and up to 26% through ...
BENGALURU, Dec 20 (Reuters) - India's antitrust watchdog on Friday approved, opens new tab UltraTech Cement's (ULTC.NS), opens new tab acquisition of India Cements (ICMN.NS), opens new tab.
(Reuters) -UltraTech India's top cement maker will buy an 8.69% stake in Star Cement, it said on Friday, in a deal worth up to 8.51 billion rupees ($100 million) for a company that rival Adani Group ...