UltraTech Cement announces 1:52 share swap ratio for acquisition of Kesoram IndustriesUltraTech Cement announced a 1:52 share swap ratio for acquiring Kesoram Industries, effective March 1, 2025. The board also approved expan...
25 Feb, 2025, 06.49 PM IST
What should investors do with UltraTech stock? Ronald Siyoni answersUltraTech previous to this acquisition and Kesoram’s acquisition had a very low share in the southern region. So, both Kesoram and India Ce...
29 Jul, 2024, 09.38 AM IST
Kesoram assets a good fit for UltraTech, to bring EPS gainsThis acquisition is a reflection of the relentless pursuit of UltraTech Cement to achieve 200 MT capacity from close to 132.5 MT at present...
04 Dec, 2023, 05.31 AM IST
UltraTech to buy Kesoram's cement unit"The transaction will provide UltraTech with the opportunity to extend its footprint in the highly fragmented, competitive and fast-growing...
01 Dec, 2023, 06.32 AM IST
UltraTech Cement to buy Kesoram's cement business in $645 mln dealKESORAM INDS-ULTRATECH CEMENT/ (UPDATE 1)UPDATE 1-India's UltraTech Cement to buy Kesoram's cement business in $645 mln deal
30 Nov, 2023, 06.32 PM IST
Kesoram may tap ECB route to repay high cost NCDs, OCDs"The company board will meet shortly to enable workout for further fund raising plan after the rights issue of Rs 400 crore. There are opti...
16 Nov, 2021, 11.56 AM IST
Kesoram Industries Q2 results: Co reports net loss at Rs 12 crThe company’s consolidated revenue from operations was at Rs 842.6 crore, up 30% year-on-year. The company’s cement business yielded a reve...
09 Nov, 2021, 11.01 PM IST
Kesoram likely to offer hefty discount in proposed rights offer to reward shareholdersThe company has now decided to drop the preferential issue to promoters and instead go for Rs 400 crore rights offer in a single shot in th...
08 Aug, 2021, 05.37 PM IST
Kesoram comes off 9% on tyre biz demergerThe turnover of the demerged tyre division is Rs 1,453 crore.
05 Dec, 2018, 04.01 PM IST
- Buy Kesoram Industries, target Rs 177.0 : Sameet Chavan
Buy Kesoram Industries Ltd. at a price target of Rs 177.0 and a stop loss at Rs 153.0 from entry point
19 Apr, 2017, 01.02 PM IST
Kesoram climbs 10% as co sells investments to enhance cash flowThe stake sale was aimed at cutting debt and improving cash flow, sources told ET Now. Following the report, Kesoram Industries surged 9.96...
22 Mar, 2016, 04.29 PM IST
BK Birla Group companies rally over succession planning speculationThe move by Kesoram Industries to revoke share pledge in Mangalam Cement, Century Textiles and Century Enka has revived investor interest i...
21 Mar, 2016, 07.57 PM IST
Tyre companies benefetting from lower crude and rubber prices: Deepak ShenoyThey are kind of using this mechanism to or this temporary situation perhaps to increase their footprint and that is a good thing.
15 Sep, 2015, 08.37 AM IST
JK Tyre set to buy unit of Birla Tyres for an enterprise valuation of Rs 2,000-2,200 croreA deal would take the company’s share of the Indian market to about a fifth from approximately 16% now, bringing JK Tyre on par with No. 2 ...
08 Aug, 2015, 10.30 AM IST
Rakesh Jhunjhunwala's wife hikes stake in Kesoram Industries to nearly 7%Rakesh Jhunjhunwala's wife Rekha has acquired 60 lakh shares in Kesoram Industries taking her shareholding in the company to around 7 per c...
10 Jul, 2013, 01.55 PM IST
- Wait and watch for Kesoram: Mitesh Thacker
I would not be surprised to see a much bigger rally slowly evolving over here with a price target of about 138 to 140.
11 Jan, 2012, 04.58 PM IST
- Kesoram under KM Birla may focus on cement
The latest announcement by B K Birla to transfer the group’s flagship, Kesoram Industries, to his grandson Kumar Mangalam Birla and not his...
29 Jun, 2007, 03.31 AM IST