UltraTech Cement spurts on commissioning cement capacity at Chhattisgarh
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Ultratech Cement is currently trading at Rs. 7312.00, up by 142.10 points or 1.98% from its previous closing of Rs. 7169.90 on the BSE.
The scrip opened at Rs. 7194.95 and has touched a high and low of Rs. 7390.95 and Rs. 7178.40 respectively. So far 14986 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7,390.95 on 17-Feb-2023 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. 7390.95 and Rs. 7050.00 respectively. The current market cap of the company is Rs. 211913.23 crore.
The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 31.56% and 7.96% respectively.
UltraTech Cement has commissioned 1.30 mtpa brownfield cement capacity at Hirmi, Chhattisgarh. The company has also commissioned 2.80 mtpa greenfield grinding capacity at Cuttack, Odisha. This forms part of the on-going capacity expansion. With this commissioning the company’s total cement manufacturing capacity in India now stands at 126.95 mtpa.
UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.
