Ultratech Cement Ltd.

Ultratech Cement is currently trading at Rs. 6117.90, up by 46.25 points or 0.76% from its previous closing of Rs. 6071.65 on the BSE.

The scrip opened at Rs. 6071.65 and has touched a high and low of Rs. 6146.00 and Rs. 6036.80 respectively. So far 53347 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6231.90 on 03-Feb-2021 and a 52 week low of Rs. 2913.15 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 6231.90 and Rs. 5261.80 respectively. The current market cap of the company is Rs. 176646.15 crore.

The promoters holding in the company stood at 59.97%, while Institutions and Non-Institutions held 30.98% and 8.98% respectively.

Ultratech Cement's board has approved a proposal to raise up to Rs 3,000 crore through issuance of US dollar-denominated bonds. The proceeds from the issuance will be used to refinance existing rupee debt, with the remainder reserved for regular ongoing capital expenditure requirements and general corporate purposes.

UltraTech Cement is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in India.