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UltraTech Cement gains on receiving nod to set-up 3.5 MTPA integrated cement plant

11 Dec 2017 Evaluate

UltraTech Cement is currently trading at Rs. 4233.30, up by 79.25 points or 1.91% from its previous closing of Rs. 4154.05 on the BSE.

The scrip opened at Rs. 4198.00 and has touched a high and low of Rs. 4235.85 and Rs. 4198.00 respectively.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4531.00 on 16-May-2017 and a 52 week low of Rs. 3052.00 on 27-Dec-2016.

Last one week high and low of the scrip stood at Rs. 4249.90 and Rs. 4020.00 respectively. The current market cap of the company is Rs. 1,16,226.00 crore.

The promoters holding in the company stood at 62.13%, while Institutions and Non-Institutions held 27.72% and 9.50% respectively.

UltraTech Cement has received an approval for setting up of a 3.5 MTPA integrated cement plant at Pali, Rajasthan, at an investment of around Rs 1,850 crore. The commercial production from the plant is expected to commence by June, 2020. The board of directors of the company at its meeting held on December 9, 2017 has approved for the same.

This plant is being set up in one of the fastest growing markets in the country and the highest cement consuming state in the North Zone. It will cater to the markets in Western Rajasthan where UltraTech does not have a significant presence.

With this expansion UltraTech will have a foot print across the country with 50 plant locations, along with 103 ready-mix concrete plants, committed to supporting the growth of the nation.

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies strength, reliability and innovation.


Ultratech Cement Share Price

11909.70 81.50 (0.69%)
17-Apr-2026 12:34 View Price Chart
Peers
Company Name CMP
Ultratech Cement 11909.70
Ambuja Cement 457.80
ACC 1431.60
Shree Cement 25150.00
Dalmia Bharat 1975.15
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