Ultratech Cement Ltd.

Ultratech Cement is currently trading at Rs. 3926.00, up by 54.80 points or 1.42% from its previous closing of Rs. 3871.20 on the BSE.

The scrip opened at Rs. 3900.00 and has touched a high and low of Rs. 3953.60 and Rs. 3881.10 respectively. So far 9842 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3953.60 on 19-Aug-2016 and a 52 week low of Rs. 2581.15 on 18-Jan-2016.

Last one week high and low of the scrip stood at Rs. 3953.60 and Rs. 3669.65 respectively. The current market cap of the company is Rs. 107887.43 crore.

The promoters holding in the company stood at 62.27%, while institutions and non-institutions held 26.92% and 10.55% respectively.

UltraTech Cement, one of India's largest cement producers, has decided to raise Rs 500 crore through issuance of secured redeemable non-convertible debentures (NCDs) on private placement basis.  The proposed issue will be listed on National Stock Exchange (NSE) with deemed date of allotment on August 22, 2016. The debentures will mature on August 21, 2026. The company will offer coupon/interest rate of 7.53% per annum on these debentures.

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.