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Delhi HC allows builders' body BAI to be party in CCI cement cartelisation case, dismisses UltraTech appealThe Delhi High Court dismissed UltraTech Cement's appeal regarding the Builders Association of India's involvement. The court affirmed the ...
Polycab, KEI Industries shares crash up to 9% after UltraTech Cement enters wires & cables business. What Jefferies, Nuvama expectShares of Polycab and KEI Industries fell sharply after UltraTech Cement launched its ₹1,800 crore wires and cables business, Ultravolt. Br...
Birla built India with cement, now it wants to wire up what powers it with a ₹1,800 crore betIn an ambitious move, Aditya Birla Group has unveiled Ultravolt, a new enterprise dedicated to wires and cables. The company seeks to estab...
Aditya Birla Group launches Ultravolt with Rs 1,800 crore bet, debuts as India’s No. 2 wires player by capacityAditya Birla Group launched its Ultravolt wires and cables business with a significant investment. This new venture aims to become a top pl...
Grasim eyes Rs 2 lakh crore revenue in FY27 as growth platforms scale up: KM BirlaGrasim Industries anticipates reaching Rs 2 lakh crore revenue by FY27. This growth stems from its diverse businesses including cement and ...
Lohia Corp's Rs 1,100 crore IPO opens for subscription. Check GMP, issue size & other key detailsThe IPO is entirely an Offer for Sale (OFS) comprising more than 2.59 crore equity shares, which means the proceeds will go to the existing...
Grasim invested Rs 74,000 cr as capex in last 5 years: Kumar Mangalam BirlaGrasim Industries invested Rs 74,000 crore in capital expenditure over five years. This outlay shows confidence in long-term demand and Ind...
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 20%Sentiment is a fickle thing and can change before you know it. And by the time you figure out why, the market would have moved on. So, whil...
Knack Packaging shares list at 11% premium; expert sees further upsideKnack Packaging achieved a strong market debut, listing at a premium. Experts recommend holding the stock for potential further gains. Inve...
Knack Packaging shares list at up to 11% premium over IPO price on NSE, BSEKnack Packaging shares debuted strongly on D-Street, listing at a premium. The company's initial public offering received an overwhelming r...
Knack Packaging IPO allotment likely today; GMP at 11%. Here's how to check allotment statusKnack Packaging IPO's basis of allotment is expected today, following a highly successful subscription. Investors eagerly await confirmatio...
Knack Packaging IPO Day 3: Issue subscribed 83x at close; GMP signals 17% listing gainKnack Packaging's Rs 439.5-crore IPO was subscribed 73 times on the final day of bidding, led by strong demand from QIBs. The grey market p...
Knack Packaging IPO Day 2: Issue subscribed 3 times, GMP indicates 16% listing gain. Should you apply?Knack Packaging's IPO is attracting significant investor attention, with its shares trading at a 16% premium in the grey market. The public...
Knack Packaging IPO opens for subscription. Check GMP, brokerages review and other detailsThe IPO comprises a fresh issue worth Rs 380 crore and an offer for sale (OFS) of up to Rs 59.5 crore by existing shareholders. The price b...
UtraTech Cement faces demand order of Rs 21.13 cr from Chhattisgarh govt"The company has received a demand order from the Collector, Balodabazar, Mining Department, Chhattisgarh, for an amount of Rs 21.13 crore ...
UltraTech Cement Q2 sales up 15% to 26.69 MTTotal sales volume in the domestic market was up 15.37 per cent to 25.66 MT during the quarter under review. It was 22.24 MT in Q2/FY23. It...
JK Cement inaugurates grey cement grinding unit in Gujarat's BalasinorThe plant, spread over an area of eight hectares, has been set up at a total project cost of Rs 200 crore, the company said in a release.
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...
JK Cement on a solid footing is a good pickIn the June 2016 quarter, the company’s sales volume for the high margin white cement grew by 24.7% on a year-on-year basis, while it was j...
JK Cements Q3 up 2% at Rs 17 croreThe company's total expenses were higher at Rs 816.48 crore during the quarter as against Rs 738.83 crore during the year-ago period.