UltraTech Cement rises on commissioning cement capacity at Dalla Cement Works
UltraTech Cement is currently trading at Rs. 6534.45, up by 20.55 points or 0.32% from its previous closing of Rs. 6513.90 on the BSE.
The scrip opened at Rs. 6449.90 and has touched a high and low of Rs. 6580.60 and Rs. 6420.00 respectively. So far 2860 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 8267.00 on 08-Nov-2021 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. 6660.40 and Rs. 6411.65 respectively. The current market cap of the company is Rs. 188923.69 crore.
The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 31.33% and 8.18% respectively.
UltraTech Cement has commissioned cement capacity of 1.3 mtpa at Dalla Cement Works, Uttar Pradesh, resulting in the Unit’s capacity increasing to 1.8 mtpa. This is part of first phase of capacity expansion announced in December, 2020. With this commissioning, the company’s total cement manufacturing capacity in India now stands at 115.85 mtpa.
UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India