UltraTech Cement Ltd. closed 13.14% below its 52-week high of 12,143.90 rupees, which the company reached on December 16th.

UltraTech Cement Ltd. closed 13.96% below its 52-week high of 12,143.90 rupees, which the company reached on December 16th.

The board of UltraTech Cement has ... and unlikely to stretch the balance sheet (net debt of ₹16,600 crore as of Dec’24), the investment into a non-cement business is likely to raise concerns ...

Feb 25 (Reuters) - UltraTech Cement (ULTC.NS), opens new tab, India's top cement maker by capacity, will spend 18 billion rupees ($206 million) to start up a wires and cables business, deepening ...

They believe UltraTech’s strong balance sheet could help scale up investments in cables and wires. The report added that historically, C&W companies have generated lower OPM compared to cement ...