ULTRATECH CEMENT LTD.
NSE : ULTRACEMCOBSE : 532538ISIN
CODE : INE481G01011Industry : Cement & Construction MaterialsHouse
: Birla Aditya
BSE9494.9548.5 (+0.51 % )
PREV CLOSE (Rs.) 9446.45
OPEN PRICE (Rs.) 9463.00
BID PRICE (QTY) 0.00 (0 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 5142
TODAY'S LOW / HIGH (Rs.)
52 WK LOW / HIGH (Rs.)
NSE9491.70 45.6 (+0.48 % )
PREV CLOSE(Rs.) 9446.10
OPEN PRICE (Rs.) 9462.80
BID PRICE (QTY) 9491.70 (29 )
OFFER PRICE (QTY) 0.00 (0 )
VOLUME 205200
TODAY'S LOW / HIGH(Rs.)
52 WK LOW / HIGH (Rs.)
Company News
| Date | Heading | Details |
|---|---|---|
| 08-May-2024 | Ultratech Cement informs about loss of share certificate | <div style="text-align: justify;">Ultratech Cement has informed that the Company has on 7th May, 2024, received intimation regarding loss of share certificates. The relevant information is given in Annexure I, attached. The Company is in process of issuing letter of confirmations in lieu of duplicate share certificates to the shareholders, after completion of required formalities.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div> |
| 30-Apr-2024 | Ultratech Cement moves up on reporting 35% rise in Q4 consolidated net profit | <p style="text-align: justify;">Ultratech Cement is currently trading at Rs. 10044.05, up by 81.80 points or 0.82% from its previous closing of Rs. 9962.25 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 10200.00 and has touched a high and low of Rs. 10200.00 and Rs. 9956.95 respectively. So far 7076 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10522.65 on 29-Dec-2023 and a 52 week low of Rs. 7436.75 on 02-May-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 10200.00 and Rs. 9560.00 respectively. The current market cap of the company is Rs. 287607.49 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 31.94% and 7.58% respectively.</p><p style="text-align: justify;">Ultratech Cement has reported 35.84% rise in its net profit at Rs 2251.95 crore for the quarter ended March 31, 2024 as compared to Rs 1657.78 crore for the same quarter in the previous year. Total income of the company increased by 9.29% at Rs 19960.14 crore for Q4FY24 as compared Rs 18263.49 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 35.24% rise in its net profit at Rs 2258.58 crore for fourth quarter ended March 31, 2024 as compared to Rs 1670.10 crore for the same quarter in the previous year. Total income of the company increased by 9.43% at Rs 20554.55 crore for Q4FY24 as compared Rs 18783.89 crore for the corresponding quarter previous year. </p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 39.45% rise in its net profit at Rs 6904.87 crore as compared to Rs 4951.49 crore for the previous year. Total income of the company increased by 12.24% at Rs 69302.78 crore for year under review as compared to Rs 61741.82 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 38.05% rise in its net profit at Rs 7003.96 crore as compared to Rs 5073.40 crore for the previous year. Total income of the company increased by 12.20% at Rs 71525.09 crore for year under review as compared to Rs 63743.06 crore for year ended March 31, 2023.</p><div style="text-align: justify;"><br></div> |
| 29-Apr-2024 | Ultratech Cement reports 35% rise in Q4 consolidated net profit | <p style="text-align: justify;">Ultratech Cement has reported results for fourth quarter (Q4) and year ended March 31, 2024.</p><p style="text-align: justify;">The company has reported 35.84% rise in its net profit at Rs 2251.95 crore for the quarter under review as compared to Rs 1657.78 crore for the same quarter in the previous year. Total income of the company increased by 9.29% at Rs 19960.14 crore for Q4FY24 as compared Rs 18263.49 crore for the corresponding quarter previous year.</p><p style="text-align: justify;">On consolidated basis, the company has reported 35.24% rise in its net profit at Rs 2258.58 crore for fourth quarter ended March 31, 2024 as compared to Rs 1670.10 crore for the same quarter in the previous year. Total income of the company increased by 9.43% at Rs 20554.55 crore for Q4FY24 as compared Rs 18783.89 crore for the corresponding quarter previous year. </p><p style="text-align: justify;">For the year ended March 31, 2024, the company has reported 39.45% rise in its net profit at Rs 6904.87 crore as compared to Rs 4951.49 crore for the previous year. Total income of the company increased by 12.24% at Rs 69302.78 crore for year under review as compared to Rs 61741.82 crore for year ended March 31, 2023.</p><p style="text-align: justify;">For the year ended March 31, 2024, on the consolidated basis, the company has reported 38.05% rise in its net profit at Rs 7003.96 crore as compared to Rs 5073.40 crore for the previous year. Total income of the company increased by 12.20% at Rs 71525.09 crore for year under review as compared to Rs 63743.06 crore for year ended March 31, 2023.</p> |
| 22-Apr-2024 | UltraTech Cement acquires grinding unit from India Cements | <p style="text-align: justify;">UltraTech Cement has acquired a grinding unit from India Cements for Rs 315 crore and it will invest an additional Rs 504 crore to expand capacity of two units. Grinding unit is having installed capacity of 1.1 million tonnes per annum. The company has entered into an Asset Purchase Agreement with India Cements. This purchase will help the company to strengthen its presence in the rapidly growing Maharashtra markets.</p><p style="text-align: justify;">UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.</p><div style="text-align: justify;"><br></div> |
| 22-Apr-2024 | UltraTech Cement soars on acquiring grinding unit from India Cements | <p style="text-align: justify;">Ultratech Cement is currently trading at Rs. 9528.00, up by 160.60 points or 1.71% from its previous closing of Rs. 9367.40 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 9529.35 and has touched a high and low of Rs. 9572.20 and Rs. 9473.75 respectively. So far 3742 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10522.65 on 29-Dec-2023 and a 52 week low of Rs. 7308.40 on 24-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 9635.00 and Rs. 9250.10 respectively. The current market cap of the company is Rs. 275436.01 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 31.94% and 7.58% respectively.</p><p style="text-align: justify;">UltraTech Cement has acquired a grinding unit from India Cements for Rs 315 crore and it will invest an additional Rs 504 crore to expand capacity of two units. Grinding unit is having installed capacity of 1.1 million tonnes per annum. The company has entered into an Asset Purchase Agreement with India Cements. This purchase will help the company to strengthen its presence in the rapidly growing Maharashtra markets.</p><p style="text-align: justify;">UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.</p><div style="text-align: justify;"><br></div> |
| 05-Apr-2024 | LTIMindtree, UltraTech Cement and United Spirits to see some action today | <p style="text-align: justify;"><b>LTIMindtree </b>has entered into strategic partnership with Aforza to deliver digital transformation in CRM & TPM across the consumer products industry. The partnership between Aforza and LTIMindtree is set to support the front office operations of Consumer Products manufacturers and distributors. This collaboration aims to empower businesses to grow profitably and safeguard margins through comprehensive omnichannel pricing control. It will enable access to real-time data insights, enhancing planning and decision-making capabilities.</p><p style="text-align: justify;"><b>UltraTech Cement </b>has completed 100 MW solar energy project under the Group Captive scheme in the state of Rajasthan. This is the company's first project for sourcing power for its captive consumption from the inter-state transmission network. Power from this project will be available to the company's Units in Rajasthan, Gujarat, Himachal Pradesh, Tamil Nadu, Odisha among others.</p><p style="text-align: justify;"><b>United Spirits </b>has received approval for the investment in Inspired Hospitality (Pistola) by subscribing to 3,494 Compulsory Convertible Preference Shares (CCPS) and 10 equity shares of Pistola equivalent to 15.0% of its issued and paid-up share capital on a fully diluted basis for an aggregate consideration of Rs 5.65 crore.</p><p style="text-align: justify;"><b>Tanvi Foods (India) </b>has commenced its commercial operations at the new state of art manufacturing unit at Seetharampuram, Andhra Pradesh from April 04, 2024. This state of art unit has been constructed in line with international standards in order to maintain the highest standards of food quality and human safety. This is the largest unit in India which is manufacturing samosas, fresh and frozen agri products, snacks and other products using cutting-edge technology and equipments.</p><p style="text-align: justify;"><b>Indiabulls Housing Finance</b> has raised Rs 25 crore through the allotment of 2,500 Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 1 lakh each on a private placement basis. The said NCDs are proposed to be listed on National Stock Exchange of India and BSE. Date of Maturity of said NCDs is April 3, 2027.</p><p style="text-align: justify;"><b>Tata Power i</b>s all-set to manage the increasing demand for power in the summer season and has taken extensive measures across its Generation, Transmission and Distribution verticals to ensure uninterrupted power supply to Mumbai. Having deployed cutting-edge artificial intelligence and machine learning tools to monitor and forecast demand, the company expects the demand for April-June-2024 to be peak at 1,030 MW from its consumer base in Mumbai.</p><p style="text-align: justify;"><b>Cello World </b>has announced the commissioning of the manufacturing facility in phased manner through its Subsidiary Company Cello Consumerware in Falna, District Pali, Rajasthan. Further, the glassware furnace that is coming up in the same facility will be operational by the end of Q1 FY25. </p> |
| 04-Apr-2024 | UltraTech Cement completes 100 MW solar energy project in Rajasthan | <p style="text-align: justify;">UltraTech Cement has completed 100 MW solar energy project under the Group Captive scheme in the state of Rajasthan. This is the company's first project for sourcing power for its captive consumption from the inter-state transmission network. Power from this project will be available to the company's Units in Rajasthan, Gujarat, Himachal Pradesh, Tamil Nadu, Odisha among others.</p><p style="text-align: justify;">The company now has a capacity of 612 mw of renewable power and 278 mw of WHRS. The company remains focused on accelerating the transition of its operations towards green energy and this project is part of the company's stated commitment to increase green power mix to 85% by 2030. With this achievement, the company reaffirms its dedication to innovation, sustainability, and the pursuit of a brighter, cleaner future for all. </p><p style="text-align: justify;">UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.</p><div style="text-align: justify;"><br></div> |
| 03-Apr-2024 | UltraTech Cement commissions two new greenfield capacities | <p style="text-align: justify;">UltraTech Cement has commissioned two greenfield capacities totaling 5.4 mtpa in Chhattisgarh and Tamil Nadu. The company opened a 2.70 mtpa cement grinding unit at Karur in Tamil Nadu and a 2.70 mtpa integrated cement plant at Kukurdih in Chhattisgarh. This forms part of the 22.6 mtpa capacity expansion announced in June, 2022. </p><p style="text-align: justify;">The Company's total domestic grey cement manufacturing capacity now stands augmented to 146.2 mtpa. Along with its existing capacity of 5.4 mtpa in the UAE, the company now has a total of 151.6 mtpa.</p><p style="text-align: justify;">UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.</p> |
| 03-Apr-2024 | UltraTech Cement rises on commissioning two new greenfield capacities | <p style="text-align: justify;">Ultratech Cement is currently trading at Rs. 10207.00, up by 167.10 points or 1.66% from its previous closing of Rs. 10039.90 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 10214.60 and has touched a high and low of Rs. 10272.95 and Rs. 10116.95 respectively. So far 7844 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10522.65 on 29-Dec-2023 and a 52 week low of Rs. 7308.40 on 24-Apr-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 10272.95 and Rs. 9625.75 respectively. The current market cap of the company is Rs. 293661.84 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 31.93% and 7.60% respectively.</p><p style="text-align: justify;">UltraTech Cement has commissioned two greenfield capacities totaling 5.4 mtpa in Chhattisgarh and Tamil Nadu. The company opened a 2.70 mtpa cement grinding unit at Karur in Tamil Nadu and a 2.70 mtpa integrated cement plant at Kukurdih in Chhattisgarh. This forms part of the 22.6 mtpa capacity expansion announced in June, 2022. </p><p style="text-align: justify;">The Company's total domestic grey cement manufacturing capacity now stands augmented to 146.2 mtpa. Along with its existing capacity of 5.4 mtpa in the UAE, the company now has a total of 151.6 mtpa.</p><p style="text-align: justify;">UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.</p><div style="text-align: justify;"><br></div> |
| 03-Apr-2024 | Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS | Exercise of options granted under Employees Stock Option Scheme |
