UltraTech Cement gains on inking MoU with IRM India Affiliate
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Ultratech Cement is currently trading at Rs. 7096.55, up by 23.00 points or 0.33% from its previous closing of Rs. 7073.55 on the BSE.
The scrip opened at Rs. 7079.00 and has touched a high and low of Rs. 7107.95 and Rs. 7009.65 respectively. So far 6097 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7947.90 on 17-Jan-2022 and a 52 week low of Rs. 5158.05 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 7276.20 and Rs. 7000.00 respectively. The current market cap of the company is Rs. 202960.47 crore.
The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 31.41% and 8.12% respectively.
UltraTech Cement has signed a memorandum of understanding (MoU) with IRM India Affiliate. IRM is the world’s leading professional body for ERM qualifications across 140+ countries and UltraTech is the largest manufacturer of grey cement and ready-mix concrete (RMC) in India. Both organisations will work towards enhancing ERM and risk intelligence in the Indian cement sector.
The collaboration is part of IRM India Affiliate’s long-term vision of building risk resilience and a robust ecosystem of risk-intelligent organisations across sectors. As a part of this knowledge partnership, both IRM India Affiliate and UltraTech Cement will be organising webinars, roundtables, industry meetings, and thought leadership articles towards knowledge building for the sector.
UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.
