UltraTech Cement reports rise in May dispatches
UltraTech Cement Ltd dispatched 3.59Mt of cement in May, up 10.6 per cent YoY, according to a company statement. Dispatches higher than the 3.2Mt recorded in April. The country’...
Ultratech Cement
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UltraTech Cement net profit rises 19% in 4Q to US$69.7m
UltraTech Cement posted a 19% rise in net profit at INR8.67bn (US$69.7m) in the fourth quarter ended 31 March 2012, as compared to INR7.27bn (US$138m) in the corresponding quart...
UltraTech in talks to buy Mozambique mine
Aditya Birla group's UltraTech Cement - India's largest cement maker, is in talks to acquire a large limestone mine in Mozambique for about INR1500 crore. According to reports i...
UltraTech Cement appoints additional director, India
UltraTech Cement’s board of directors have appointed M Damodaran as an additional director (independent) with effect from 16 April 2012, the company said in a statement to the B...
Bihar cement prices rise as supplies fall, India
Cement prices in the Indian state of Bihar have risen by almost 50 per cent due to increased construction activity and the temporary shutdown of a nearby Prism Cement unit, the ...
Indian majors report March gains
Three of India's leading cement producers, UltraTech Cement as well as Holcim interests, ACC and Ambuja Cement, all reported healthy gains in their respective March 2012 figures.
UltraTech Cement in talks to buy northeastern plant
UltraTech Cement, the largest cement producer in India, is in talks to buy north-eastern cement producer Adhunik MPS Cement’s Meghalaya plant for over INR7bn., according to repo...
Jefferies starts India cement coverage
Jefferies has initiated coverage on the Indian cement industry with a buy rating on ACC, Grasim Industries, India Cements, UltraTech Cement, and hold rating on Ambuja Cements. "...
UltraTech Cement to take control of Star Cement?
UltraTech Cement is looking to purchase its partner’s stake in Star Cement to take full control of the Dubai-based cement producer, sources familiar with the deal have said, add...
Indian companies post January rise
UltraTech Cement, said shipments in January rose 11.2 per cent to 3.72Mt. Production increased 11.7 per cent to 3.78Mt the company, part of India's Aditya Birla Group, said in a...