Ultratech Cement Ltd.

Ultratech Cement is currently trading at Rs. 3475.50, up by 24.20 points or 0.70% from its previous closing of Rs. 3451.30 on the BSE.

The scrip opened at Rs. 3468.70 and has touched a high and low of Rs. 3479.25 and Rs. 3405.00 respectively. So far 3317 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 4130.00 on 08-Sep-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. 3479.25 and Rs. 3280.00 respectively. The current market cap of the company is Rs. 95480.98 crore.

The promoters holding in the company stood at 62.26%, while institutions and non-institutions held 27.21% and 10.27% respectively.

UltraTech Cement has proposed to issue unsecured redeemable non-convertible debentures (NCDs) amounting to Rs 400 crore on private placement basis. The securities, proposed to be listed on NSE, will have tenure of 5 years and the interest offered is 6.99 percent per annum. The date of allotment for the NCDs is November 24, 2016.

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.