UltraTech Cement is currently trading at Rs. 1957.40, up by 3.95 points or 0.20% from its previous closing of Rs. 1953.45 on the BSE.
The scrip opened at Rs. 1939.00 and has touched a high and low of Rs. 1968.00 and Rs. 1930.00 respectively. So far 1784 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 2074.80 on 12-Oct-2012 and a 52 week low of Rs. 1360.00 on 24-May-2012.
Last one week high and low of the scrip stood at Rs. 2066.25 and Rs. 1920.20 respectively. The current market cap of the company is Rs. 53,667 crore.
The promoters holding in the company stood at 62.01% while Institutions and Non-Institutions held 25.26% and 10.76% respectively.
In a bid to expand its footprint in Rajasthan, UltraTech Cement, an Aditya Birla Group company is planning to invest Rs 2,000 crore. The company is planning a capacity expansion at Aditya Cement Works in Rajasthan by 2.90 million tonnes per annum (MTPA) including setting up of two grinding units. The additional capacity is expected to be commissioned by March 2015.
Meanwhile, the company has several ongoing projects across many of its locations. It has commissioned projects of clinkerisation plant at Rawan, Chhattisgarh with a capacity of 3.30 MTPA and grinding unit at Hotgi, Maharashtra having a capacity of 1.55 MTPA.
The company has also augmented its cement grinding capacity at Gujarat plant to 0.60 MTPA, bulk terminal at Cochin, Kerala and Wall care putty plant at Katni, Madhya Pradesh, the release said.
Following the commissioning of these projects, the company’s clinker capacity has increased to 41.80 MTPA and that of cement to 53.90 MTPA.