ultratech cement gains on planning to sell stake in ecbl epcl to heidelbergcement

UltraTech Cement trades higher after

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Ultratech Cement is currently trading at Rs. 8307.25, up by 49.75 points or 0.60% from its previous closing of Rs. 8257.50 on the BSE.

ultratech cement gains on planning to sell stake in ecbl epcl to heidelbergcement
Ultratech Cement

Ultratech Cement scrip opened at Rs. 8349.80 and has touched a high and low of Rs. 8390.80 and Rs. 8225.95 respectively.

So far 28152 shares were traded on the counter. The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 8750.00 on 15-Sep-2023 and a 52 week low of Rs. 6060.00 on 12-Oct-2022.

Last one week high and low of the scrip stood at Rs. 8390.80 and Rs. 8126.95 respectively. The current market cap of the company is Rs. 239818.96 crore.

UltraTech Cement The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 31.81% and 7.70% respectively.

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UltraTech Cement’s consolidated sales rose 15.54 per cent to 26.69 million tonne (MT) year-on-year in the second quarter ended September 30, 2023. The company produced 23.10 MT cement in July-September period a year ago. Total sales volume in the domestic market was up 15.37 per cent to 25.66 MT during the quarter under review. It was 22.24 MT in Q2 FY23.

Its grey cement production in the domestic market was at 25.24 MT in September quarter of FY24, reporting 15.46 per cent growth, while its white cement production was 0.42 MT, up 10.52 per cent. UltraTech’s overseas production, mainly grey cement was 1.18 MT in Q2 FY24, up 21.64 per cent.

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UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.

Ultratech Cement is India’s largest cement manufacturer, with a production capacity of over 132 million tonnes per annum (MTPA). It is a part of the Aditya Birla Group, one of India’s leading conglomerates. Ultratech Cement produces a wide range of cement products, including Portland cement, slag cement, fly ash cement, and white cement. It also produces ready-mix concrete and building materials.

Ultratech Cement is a leading player in the Indian cement industry. It has a strong network of over 100 plants and terminals across India, and it exports its products to over 30 countries. Ultratech Cement is committed to sustainable development, and it is working to reduce its carbon footprint and promote green building practices.

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Here are some of the key features of Ultratech Cement:

  • India’s largest cement manufacturer
  • Wide range of cement products, including Portland cement, slag cement, fly ash cement, and white cement
  • Strong network of over 100 plants and terminals across India
  • Exports to over 30 countries
  • Committed to sustainable development

Ultratech Cement is a trusted brand by builders and developers across India. It is known for its high-quality products, reliable service, and commitment to customer satisfaction.