UltraTech Cement’s focus on cost helps it beat street estimates even as competition dents margins
UltraTech Cement’s margins shrank in Q3 despite revenue growth and falling fuel costs, but analysts had expected a worse hit.
Reuters28d
India's UltraTech buys stake in Star Cement as Adani rivalry continues
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 ...
realty.economictimes.indiatimes26d
UltraTech to acquire minority stake in Star Cement
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.
Business Line28d
UltraTech to acquire 8.69% in Star Cement for ₹851 crore
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 ...
Hosted on MSN1mon
UltraTech Cement-India Cements Stake Purchase: Aditya Birla Group Co Receives CCI Notice; Responds
Aditya Birla Group company UltraTech Cement has received a notice from the Competition Commission of India (CCI ... UltraTech Cement is one of the largest cement manufacturers in the ...
Indiatimes1mon
India Cements becomes subsidiary of UltraTech
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, ...
Reuters1mon
India competition watchdog approves UltraTech Cement's acquisition of India Cements
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.