Company Profile

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.

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

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.

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.

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.

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.

The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 31.94% and 7.58% respectively.

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.

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

LTIMindtree 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.

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.

United Spirits 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.

Tanvi Foods (India) 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.

Indiabulls Housing Finance 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.

Tata Power is 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.

Cello World 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. 

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.

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. 

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

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. 

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.

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