Jhanwar Cements UltraTech’s Dominance
Spate of acquisitions and organic expansion make UltraTech the top cement company in the country.
ultratech
October 2024
September 2024
August 2024
July 2024
December 2023
October 2023
August 2023
July 2023
April 2023
September 2022
UltraTech makes more cement than all of US; to surpass Europe by 2027
Expansion, Acquisitions to catapult India’s largest cement maker to 200 MTPA
UltraTech raises $500 mn via sustainability-linked loan; stock gains 1%
This financing is the company’s second sustainability-linked initiative, following the $400 million bond issue in 2021.
Sensex, Nifty open higher ahead of Budget; Ultratech, M&M, Bajaj twins lead
The top gainers on the BSE Sensex pack were Ultratech Cement, M&M, Bajaj Finserv, L&T, and Bajaj Finance.
UltraTech shares hit all-time high on acquisition of Kesoram’s cement biz for ₹7,600 cr
This is the second deal in two days after the Aditya Birla Group company acquired 0.54 mtpa cement grinding assets of Burnpur Cement for ₹169.79 crore on November 29.
UltraTech’s board approves ₹13,000 cr capex for capacity expansion; stock rises 2%
The Aditya Birla Group company proposes to increase its cement capacity by another 21.9 MTPA with a mix of brown field and green field projects.
Legacy Firms In Diversification Drive
Legacy conglomerates grab emerging opportunities to ride the next decade of growth.
Cement sector’s M&A streak over for now
UBS believes inorganic proposition is not value accretive given the combination of overcapacity and weak demand
UltraTech Q4 results: Profit falls 36% to ₹1,666 cr
The cement maker's board recommended a dividend of ₹38 per equity share.
Birla, The Commodity King
Global presence across multiple businesses ensures that he is readying the business for perpetuity.
