Ultratech Cement Capacity
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UltraTech Cement To Pump In Rs 12,886 Crore Towards Capacity Expansion: 10 Points
In a major announcement, UltraTech Cement on Thursday announced an investment of Rs 12,886 crore towards capacity expansion to enhance its total production. The decision was approved by the board of Aditya Birla Group's entity.
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UltraTech Cement Profit Rises 114% To Rs 1,700 Crore In June Quarter
Ultra Tech Cement Q1 Results: The company's revenue from operations stood at Rs 11,830 crore, compared to Rs 7,671 crore in the same quarter last year, marking a growth of 54.2 per cent
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Emami Group To Sell Cement Business To Nuvoco Vistas For Rs 5,500 Crore
Aditya Birla flagship UltraTech, Nuvoco Vistas (formerly Nirma Cement), LafargeHolcim Company and Star Cement were in the race for taking over the 8-million tonne capacity cement business of Emami Group.
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UltraTech Cement Q3 Profit Rises 5% To 594 Crore
With this expansion and the acquisition of the cement plants of Jaiprakash Associates Ltd, the company's cement capacity will stand augmented at 95 MTPA, including its overseas operations.
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Competition Commission Penalty Will Raze 2% Of Cement Companies' Profits: Report
India Ratings Said the cement industry in India is unique, with around 60 per cent of the industry's total capacity being controlled with the top eight players.
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UltraTech Shareholders Approve Merger Of JP Group's Cement Business
Earlier this year, the Aditya Birla Group firm announced acquisition of Jaiprakash Associates' cement plants with a total capacity of 21.1 million tonnes per annum at an enterprise value of Rs 16,189 crore.
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Ultratech Volume To Rise To 91.1 MTPA On JP Associates Units Buy
Aditya Birla Group-controlled UltraTech Cement said its capacity will increase to 91.1 miilion tones per annum (MTPA) by the current fiscal-end, following aquisition of Jaiprakash Associates' cement plants.
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UltraTech Buys Jaiprakash Cement Plants in New Rs 15,900 Crore Deal
Under the revised deal, UltraTech will buy 21.2 million tonnes of cement capacity from Jaiprakash as the companies have mutually agreed to exclude a 1.2 million tonnes a year plant in Karnataka, they said in separate filings.
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How the Holcim-Lafarge deal will impact India's cement market
The merger of ACC, Ambuja and Lafarge in India would result in India's largest cement company, with a capacity of nearly 69 MT and a market share of nearly 20 per cent, Barclays says. The merged entity will pip the current leader UltraTech, which has a capacity of nearly 58 MT and market share of nearly 17 per cent as of end-2013, the brokerage add...
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BofA upgrades cement stocks to 'buy'
Bank of America-Merrill Lynch upgraded its rating across cement stocks to 'buy' from 'neutral' or 'underperform', saying capacity will lag demand, while valuations are below previous up cycles.
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Aditya Birla to invest $1.3 bn in new plants
Aditya Birla group plans to invest about Rs 70 billion on setting up new facilities and expanding the capacity of existing units in Karnataka.
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UltraTech Cement To Pump In Rs 12,886 Crore Towards Capacity Expansion: 10 Points
In a major announcement, UltraTech Cement on Thursday announced an investment of Rs 12,886 crore towards capacity expansion to enhance its total production. The decision was approved by the board of Aditya Birla Group's entity.
-
UltraTech Cement Profit Rises 114% To Rs 1,700 Crore In June Quarter
Ultra Tech Cement Q1 Results: The company's revenue from operations stood at Rs 11,830 crore, compared to Rs 7,671 crore in the same quarter last year, marking a growth of 54.2 per cent
-
Emami Group To Sell Cement Business To Nuvoco Vistas For Rs 5,500 Crore
Aditya Birla flagship UltraTech, Nuvoco Vistas (formerly Nirma Cement), LafargeHolcim Company and Star Cement were in the race for taking over the 8-million tonne capacity cement business of Emami Group.
-
UltraTech Cement Q3 Profit Rises 5% To 594 Crore
With this expansion and the acquisition of the cement plants of Jaiprakash Associates Ltd, the company's cement capacity will stand augmented at 95 MTPA, including its overseas operations.
-
Competition Commission Penalty Will Raze 2% Of Cement Companies' Profits: Report
India Ratings Said the cement industry in India is unique, with around 60 per cent of the industry's total capacity being controlled with the top eight players.
-
UltraTech Shareholders Approve Merger Of JP Group's Cement Business
Earlier this year, the Aditya Birla Group firm announced acquisition of Jaiprakash Associates' cement plants with a total capacity of 21.1 million tonnes per annum at an enterprise value of Rs 16,189 crore.
-
Ultratech Volume To Rise To 91.1 MTPA On JP Associates Units Buy
Aditya Birla Group-controlled UltraTech Cement said its capacity will increase to 91.1 miilion tones per annum (MTPA) by the current fiscal-end, following aquisition of Jaiprakash Associates' cement plants.
-
UltraTech Buys Jaiprakash Cement Plants in New Rs 15,900 Crore Deal
Under the revised deal, UltraTech will buy 21.2 million tonnes of cement capacity from Jaiprakash as the companies have mutually agreed to exclude a 1.2 million tonnes a year plant in Karnataka, they said in separate filings.
-
How the Holcim-Lafarge deal will impact India's cement market
The merger of ACC, Ambuja and Lafarge in India would result in India's largest cement company, with a capacity of nearly 69 MT and a market share of nearly 20 per cent, Barclays says. The merged entity will pip the current leader UltraTech, which has a capacity of nearly 58 MT and market share of nearly 17 per cent as of end-2013, the brokerage add...
-
BofA upgrades cement stocks to 'buy'
Bank of America-Merrill Lynch upgraded its rating across cement stocks to 'buy' from 'neutral' or 'underperform', saying capacity will lag demand, while valuations are below previous up cycles.
-
Aditya Birla to invest $1.3 bn in new plants
Aditya Birla group plans to invest about Rs 70 billion on setting up new facilities and expanding the capacity of existing units in Karnataka.
