UltraTech Cement Limited (ULTRACEMCO.NS)
NSE - NSE Real-time price. Currency in INR
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At close: 03:29PM IST
| Previous close | 5,618.30 |
| Open | 5,629.00 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 5,535.00 - 5,649.00 |
| 52-week range | 5,157.05 - 8,269.00 |
| Volume | |
| Avg. volume | 438,751 |
| Market cap | 1.619T |
| Beta (5Y monthly) | 0.56 |
| PE ratio (TTM) | 22.52 |
| EPS (TTM) | 248.98 |
| Earnings date | N/A |
| Forward dividend & yield | 37.00 (0.66%) |
| Ex-dividend date | 02 Aug 2021 |
| 1y target est | 8,137.57 |
- Reuters
India's UltraTech Cement pledges $1.66 billion for expansion to fight rising competition
UltraTech Cement said it would spend 128.86 billion rupees ($1.66 billion) to increase its annual capacity as the largest Indian cement maker looks to stave off competition from the sector's newest entrant Adani Group. Commercial production from the facilities is expected start by fiscal 2025. "This investment is backed by a strong conviction on India's growth potential as well as a deep and nuanced understanding of the market dynamics of the cement industry," Kumar Mangalam Birla, chairman of the Aditya Birla Group, said in a statement.
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