Ultra Tech Cement is currently trading at Rs. 1593.95, up by 29.00 points or 1.85% from its previous closing of Rs. 1564.95 on the BSE.
The scrip opened at Rs. 1560.00 and has touched a high and low of Rs. 1595.50 and Rs. 1555.00 respectively. So far 7587 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1595.00 on 11-Jul-2012 and a 52 week low of Rs. 941.05 on 09-Aug-2011.
Last one week high and low of the scrip stood at Rs. 1595.00 and Rs. 1510.75 respectively. The current market cap of the company is Rs. 43442.45 crore.
The promoters holding in the company stood at 63.34% while Institutions and Non-Institutions held 23.19% and 11.45% respectively.
Credit rating agency, CARE has reaffirmed ‘AAA’ rating to Rs 500 crore long term non convertible debentures of Ultra Tech Cement.
The company has received the said rating on the back of its strong parentage, leading market position in India with pan-India presence, a high brand recall and strong operating efficiency.
UltraTech manufactures and markets Ordinary Portland Cement, Portland Blast Furnace Slag Cement and Portland Pozzalana Cement. The company has 11 integrated plants, one white cement plant, one clinkerisation plant in UAE, 15 grinding units 11 in India, 2 in UAE, one in Bahrain and Bangladesh each and five terminals, four in India and one in Sri Lanka.