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Ultratech Cement

UltraTech Cement to expand its electric truck fleet to 100

UltraTech Cement to expand its electric truck fleet to 100

Mon, Nov 18, 2024

The company said it has signed a new transport service contract for the deployment of these trucks for the transportation of 75,000 MT (Metric Tonne) of clinker per month from its integrated cement manufacturing unit at Dhar in Madhya Pradesh, to its grinding unit at Dhule in Maharashtra.

Lower sales realisation hit margins of cement makers in Q2

Lower sales realisation hit margins of cement makers in Q2

Sun, Nov 03, 2024

Major cement manufacturers reported a decline in margins in the September quarter, mainly on account of lower prices, leading to lower sales realisation.

Brokerages divided on cement stocks amid weak demand environment

Brokerages divided on cement stocks amid weak demand environment

Mon, Sep 02, 2024

As cement sector continues to see consolidation and price drops amid increasing competition intensity, brokerage firm Citi has maintained its bullish on Aditya Birla cement company. Nonetheless, Macquarie is mixed on the pack.

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Ultratech Cement PAT grows 113 pct; Net Sales at Rs 10,231 cr vs Rs 9,486 cr in Q1FY21

Ultratech Cement PAT grows 113 pct; Net Sales at Rs 10,231 cr vs Rs 9,486 cr in Q1FY21

Wed, Oct 21, 2020

Ultratech Cement on Wednesday posted a 113 per cent on year rise in its net profits for the quarter ended 30 September 2020. At Rs 1234 cr, the consolidated PAT (Profit After Tax) was more than double for the reporting quarter against Rs 579 cr for the same period during in Q2FY20

Nifty, Bank Nifty, HDFC Bank, UltraTech Cement, Tata Steel and TVS Motor - some reading strategies for next week

Nifty, Bank Nifty, HDFC Bank, UltraTech Cement, Tata Steel and TVS Motor - some reading strategies for next week

Fri, Oct 16, 2020

On the last day of the trading week, Markets closed strong after a flat opening. Sensex closed up 254 points at 39983 while Nifty closed up 82 points at 11762. Market expert, Sumeet Bagadia, Executive Director at Choice Broking shares his view on Nifty and Bank Nifty.

CLSA recommends shift to HDFC Bank, ICICI Bank and SBI among Financials; adds Larsen and Ultratech Cement

CLSA recommends shift to HDFC Bank, ICICI Bank and SBI among Financials; adds Larsen and Ultratech Cement

Fri, Oct 16, 2020

In its latest report, CLSA says that it expects portfolio adjustments for economic normalisation to favour domestic plays.

ACC, Ambuja, UltraTech, Ramco and Shree cement: Jefferies turn constructive on the cement sector

ACC, Ambuja, UltraTech, Ramco and Shree cement: Jefferies turn constructive on the cement sector

Tue, Oct 13, 2020

Jefferies believes that the macro story is getting better for building material space.

Stock Markets Today: BSE Sensex, NSE Nifty up almost 1.5 pct on Tuesday; Ultratech Cement, TCS among top gainers

Stock Markets Today: BSE Sensex, NSE Nifty up almost 1.5 pct on Tuesday; Ultratech Cement, TCS among top gainers

Tue, Jul 28, 2020

Both the BSE Sensex and NSE Nifty 50 were up by around 1.5 per cent at the close. While the Sensex was trading at 38,492.95, up by over 558 points at the end of day’s trade, the broader market NSE Nifty 50 closed at 11,300.55, up by over 168 points

Analyst Sanjiv Bhasin’s top picks for today: Buy Ultratech Cement, Sell Bajaj Finance

Analyst Sanjiv Bhasin’s top picks for today: Buy Ultratech Cement, Sell Bajaj Finance

Mon, Jul 27, 2020

Market expert Sanjiv Bhasin has advised the investors to book profits this week. The IIFL Securities Director while speaking to Zee Business Managing Editor Anil Singhvi also cautioned the investors forAugust month, which he said may not be as good as the months of June and July

UltraTech Cement share price to give 10% returns in one month; Experts say this is a share to buy

UltraTech Cement share price to give 10% returns in one month; Experts say this is a share to buy

Thu, Nov 28, 2019

UltraTech Cement share price has underperformed the Sensex by 10 per cent over the past three months due to weak cement demand.

Lemon Tree, Voltas to Zensar: Which stocks to buy?

Lemon Tree, Voltas to Zensar: Which stocks to buy?

Fri, Aug 09, 2019

HDFC Securities maintains BUY on Zensar after its in-line 1QFY20. Strong deal pipeline, ramp-up of large deals and improving win-ratio provide revenue visibility. However, Margins are not showing signs of improvement despite revenue up-tick.

Monsoon, Budget to play key role for Indian markets this week — These stocks can be your best bet

Monsoon, Budget to play key role for Indian markets this week — These stocks can be your best bet

Mon, Jul 01, 2019

Experts have said that a delayed monsoon and lower-than-normal rains have put pressure on Indian markets. However, tables have turned and this week seems to be a very important time for investors.

Cement Market Outlook: A strong quarter in the offing may fuel these cement stocks, Emkay Global reports

Cement Market Outlook: A strong quarter in the offing may fuel these cement stocks, Emkay Global reports

Mon, Jun 24, 2019

A robust quarterly performance of the cement market would definitely have its positive impact on the cement counters like ACC, Ambuja Cement, Ultratech Cement, Ramco Cement, Shree Cement etc.

Which cement stock you should buy? Pricing to GST rate cuts - Here's what CLSA says

Which cement stock you should buy? Pricing to GST rate cuts - Here's what CLSA says

Wed, May 29, 2019

Rating agency CLSA on Wednesday, stated that, cement stocks are up 10-30%YTD (vs +10% for Nifty) led by cement pricing rebound.

Cement demand likely to grow 8% in FY20: Report

Cement demand likely to grow 8% in FY20: Report

Wed, May 01, 2019

The domestic cement demand is likely to grow by eight percent this fiscal which may push the capacity utilisation to 71 percent from 65 percent in FY18, the report said Wednesday.

UltraTech Cement Q4 net profit at Rs 1,014 crore

UltraTech Cement Q4 net profit at Rs 1,014 crore

Wed, Apr 24, 2019

UltraTech informed that its result for the quarter and the financial year ended March 31, "are not comparable with the previous period" due to merger of Binani Cements into the company.

Turn your Rs 1000 into Rs 1,190; get this whopping profit in just 90 days, expert says

Turn your Rs 1000 into Rs 1,190; get this whopping profit in just 90 days, expert says

Fri, Jan 25, 2019

Buoyed by robust demand from infrastructure and affordable housing segments coupled with ramp up in acquired and newly commissioned assets, equity experts are bullish on UltraTech Cement stock.

Experts pick - Top stocks for 2019: Invest in these 5 shares and earn big!

Experts pick - Top stocks for 2019: Invest in these 5 shares and earn big!

Wed, Jan 02, 2019

Last year, the markets saw changing trends amid rising crude oil prices, depreciating global currencies, increasing trade protectionism, geopolitical issues, outflow by FIIs, macroeconomic data and corporate events.

NCLAT approves UltraTech's Rs 7,900 cr bid for Binani Cement

NCLAT approves UltraTech's Rs 7,900 cr bid for Binani Cement

Wed, Nov 14, 2018

Aditya Birla Group firm UltraTech Cement Wednesday won a bid to acquire debt-ridden Binani Cement after the National Company Law Appellate Tribunal (NCLAT) approved its revised Rs 7,950.34 crore bid over an offer by rival Dalmia Bharat Group.

UltraTech Q2 profit down 11.3% to Rs 375.74 cr

UltraTech Q2 profit down 11.3% to Rs 375.74 cr

Fri, Oct 19, 2018

Aditya Birla Group firm UltraTech Cement Friday reported a 11.33 per cent decline in consolidated net profit to Rs 375.74 crore for the July-September quarter on account of increased energy and logistics costs.

Century Textiles share price dips 12 pct to hit 52-week low; here's why

Century Textiles share price dips 12 pct to hit 52-week low; here's why

Mon, May 21, 2018

Century Textiles stock dropped as much as 12.32 per cent to Rs 935. It settled at Rs 1004.05, down 6 per cent. UltraTech share price rose as much as 4.2 pct to Rs 4,019. It ended at Rs 3851.65 on the BSE.

Binani Cement sale: Miffed Dalmia Bharat gets snubbed by Supreme Court too

Binani Cement sale: Miffed Dalmia Bharat gets snubbed by Supreme Court too

Thu, May 10, 2018

Experts believe the new law, the Insolvency and Bankruptcy Code is still work in progress, amendments have been brought and more are being planned. For banks, who are hoping for a timebound resolution so that the monster of bad loans dies fast, it seems that this is more of a mirage and not the elusive oasis in the dessert.

Bhushan Steel sale: Liberty House back in race; UltraTech hopes up too in Binani Cement case

Bhushan Steel sale: Liberty House back in race; UltraTech hopes up too in Binani Cement case

Tue, Apr 24, 2018

Liberty House Group Pte had earlier filed an application with the NCLT with a prayer to declare illegal, a decision of the CoC of Bhushan Power and Steel which had refused to entertain an application for resolution plan submitted by Liberty in February.

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