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ULTRATECH CEMENT ENTRY
Why is market rising today? Sensex soars 800 pts, Nifty above 24,250. 3 key factors powering D-St bullsIndian stock markets experienced a significant surge on Thursday, with both the Sensex and Nifty climbing over 1%. This bullish trend was f...- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%We are living in times when the morning may see conciliatory exchanges between the US and Iran, leading to a cooling in crude oil prices. B...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 31%If there is no negative development over the next few days, there is unlikely to be pressure on a large part of the market. It is, in fact,...
- Buy UltraTech Cement, target price Rs 13,000: JM FinancialJM Financial recommends buying UltraTech Cement with a target price of Rs 13,000, expecting it to rise from its current Rs 10,430.5 within ...
- Polycab India shares rise 3% after selloff as investors reassess UltraTech threatPolycab India share price: The recovery followed a sharp selloff on Thursday, triggered by HSBC cutting target prices for major wires and c...
- 21% Ka Jhatka: UltraTech entry jolts cable & wire companies, profits on the lineIndia's largest cement company has plans to invest ₹1,800 crore over the next two years, and the plant is expected to be commissioned by De...
- HSBC slashes targets for 4 stocks after UltraTech’s entry in wires and cables. Time to cut losses?HSBC slashed target prices for top Indian wires and cables firms by up to 23%, citing competitive risks from UltraTech Cement’s unexpected ...
- Birla pulls wire, shock pulses through stocks. What's ahead?UltraTech Cement is entering India's wires and cables sector with a Rs 1,800 cr investment. The move is aimed at strengthening its position...
- Polycab, KEI, Havells shares short-circuited. Is this Birla’s next paint-style disruption?UltraTech Cement’s unexpected investment in the wires and cables sector with a ₹1,800 crore capex plan has caused shares of major players l...
- Wired for a shock: Polycab, KEI, Havells shares crash up to 20% on UltraTech entryPolycab share price: Shares of wires and cables manufacturers plunged as UltraTech Cement announced its foray into the industry. Polycab In...
- UltraTech Cement shares slide 5% on entering wires & cables segment. What brokerages say?UltraTech Cement share price: Jefferies suggests that any immediate negative market reaction to this move should be seen as a buying opport...
- UltraTech Cement shares fall 5% as firm enters wires & cables segment with Rs 1,800 crore investmentUltraTech Cement share price: According to Trendlyne data, the average target price for the stock is Rs 12,473, indicating a potential upsi...
- Ultratech enters wires and cables segment, to invest Rs 1,800 croreThe board of the Aditya Birla Group firm on Tuesday approved the proposal to extend its footprint in the construction value chain, through ...
- Major deals in India's cement sector since Adani Group's entry in 2022: A timelineAmbuja Cements will acquire a 47% stake in Orient Cement for $451 million, as India's cement sector sees significant deal-making activity. ...
- UltraTech Cement acquires cement grinding assets of Burnpur Cement for Rs 169.79 crUltraTech Cement has acquired the cement grinding assets of Burnpur Cement in Jharkhand for Rs 169.79 crore. The acquisition involves 0.54 ...
- Buy UltraTech Cement, target price Rs 7243: ICICI DirectUltraTech Cement, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 208464.11 Crore) operating in Cement sec...
- UltraTech capex plans spook cement stocksCement stocks fell between 3% and 10% on Friday amidst investor concerns that UltraTech Cement's capital expenditure plans on the heels of ...
- Kumar Mangalam Birla weighs ACC, Ambuja bid, move may invite regulator scrutinyBirla's flagship UltraTech is the leading cement player in the country and any bid will face scrutiny from India's anti-trust watchdog. Ult...
- Dalmia Bharat consortium leads race for Binani Cement with highest offerThe consortium has offered to pay more than Rs 6,300 crore for Binani, while UltraTech Cement came a close second with its bid of Rs 6,100 ...
- UltraTech completes acquisition of Jaiprakash group cement businessPost-acquisition, UltraTech's capacity has gone up to 93 million tonnes per annum and it is the fourth largest cement player globally, excl...
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