Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buying Ultratech Cement this week.
4 min read26 Jan 2025N Srinivasan has stepped down as CEO and MD after the completion of UltraTech’s deal transaction and due to the consequent cessation of control by the existing promoters over the company.
3 min read25 Dec 2024We are entering a phase where sector-specific performance will be critical rather than a uniform market direction presenting a potential trader’s market.
3 min read5 Nov 2024Shares to buy or sell: Ruchit Jain of 5paisa has recommended two stocks on Dhanteras, today - Wipro Ltd, and UltraTech Cement Ltd.
2 min read29 Oct 2024The September quarter is seasonally weak for the cement sector, but this time around, the extended monsoon weighed heavily on sales.
3 min read22 Oct 2024The merger may create a Rs2 trillion cement behemoth and smoothen Adani Group’s processes to help it grow faster to compete against Aditya Birla Group’s UltraTech Cement Ltd. as the group aspires to achieve the top spot in the cement industry
5 min read8 Oct 2024The Board of Directors of UltraTech Cement declared a final dividend of ₹70.00 per equity share for the financial year 2024.
1 min read30 Jul 2024UltraTech will buy out India Cements promoters N. Srinivasan and associates, followed by an open offer for 26% in the company. The move marks the exit of Srinivasan from India Cements, and a new milestone in UltraTech’s effort to retain its leadership of the cement market
4 min read29 Jul 2024The judgement gives states the authority to impose additional taxes on top of existing royalties, thereby increasing the financial burdens on companies operating in the mining sector.
6 min read26 Jul 2024The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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