UltraTech's shares were up 0.7%. Star Cement, like many small cement mills, has suffered from larger competitors vying for market share. Its annual sales growth expected to slow to 6.8% this ...
UltraTech Cement's board has approved acquiring approximately 8.69% stake in Star Cement for a value not exceeding Rs 851 crore, the company said in an exchange filing. The nod for the acquisition ...
India's UltraTech Cement will buy an 8.69% stake in Star Cement, it said on Friday, in a deal that could be valued at up to 8.51 billion rupees ($100 million) and firm its leading position in the ...
UltraTech Cement, an Aditya Birla Group company, has acquired 8.69 per cent in Star Cement for ₹851 crore to further consolidate its position as the largest cement producer in the country.
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 ...