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ULTRATECH SHARE SWAP
Big corporates plug into electric trucks as rising diesel and logistics expenses drive a rethinkIndian companies are rapidly investing in electric trucks. This shift is driven by fluctuating diesel prices and a focus on sustainability....- Birlas exit Kesoram IndustriesKesoram Industries is seeing a change in ownership. Frontier Warehousing Limited is acquiring a controlling stake. This marks the exit of t...
- 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...
- Orient Cement shares zoom over 5% amid UltraTech’s plans of acquisitionUltraTech, led by Kumar Mangalam Birla, is in advanced talks to acquire Orient Cement from CK Birla for Rs 350-375 per share to counter Ada...
- Hot Stocks: Brokerages view on HCL Tech, M&M Finance, L&T Finance & UltraTech CementNomura maintained a neutral rating on HCL Technologies with a target price of Rs 1,200. After the divesture, HCL would lose $97 million or ...
- 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...
- Ultratech Cement makes Binani its subsidiaryThe board of Binani Cement has also been reconstituted, Ultratech told the stock exchange.
- Century Textiles and Industries gets shareholder nod for cement demerger with Ultratech81.39% votes of the shareholders went in favour of the deal by which Ultratech will buy BK Birla- led Century Textiles and Industries' ceme...
- Ultratech gets CCI nod to acquire Century cement businessThe transaction would provide UltraTech an opportunity to further strengthen its presence in the east and central markets, extending its fo...
- UltraTech Cement plans to raise Rs 9,000 croreUltraTech last month announced the acquisition of the cement business of Century Textiles and Industries and it was to be financed through ...
- Have got LoI from Binani lenders to acquire it, says UltraTechThe Committee of Creditors (CoC) of Binani Cement on May 28 approved the resolution Plan submitted by UltraTech Cement, it said in a regula...
- Buy UltraTech Cement Ltd. target Rs 4,750 : SharekhanBuy UltraTech Cement Ltd. at a price target of Rs 4750.
- UltraTech likely to get more pricing powerThe street had expected 5-6 per cent higher valuation than the implied valuation.
- UltraTech to acquire Century Textiles' cement businessAccording to the scheme, the shareholders of Century would get one equity share of UltraTech, having a face value of Rs 10/- each for every...
- Ambuja stock lags behind ACC, UltraTech over Holcim dealAnother factor that has resulted in a tepid investor interest in the stock of Ambuja Cements is its geographical presence.
- Price target for Grasim revised upward: SharekhanBrokerage firm Sharekhan has revised its price target upward for Grasim Industries on the back of the robust volume growth in the company's...
- Brokers bullish on UltraTech after Samruddhi Cement mergerUltraTech announced merger of a group company Samruddhi Cement with itself.
- Birla group may hike stake in GrasimAditya Birla Group may scale up its equity stake in Grasim Industries next financial year to ring-fence the viscose staple fibre maker and ...
- Ultratech to get financial muscle: Kumar Mangalam BirlaUltratech Cement will have increased flexibility to borrow from the market to fund large-scale future expansions under a recently-announced...
- Grasim moves to calm investors on rejig planGrasim's management moved to calm investors on Monday after the stock fell the most in 11 months.
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