UltraTech Cement has approved acquiring around 8.69% stake in Star Cement for up to Rs 851 crore. UltraTech's board agreed to ...
Illustrating current margins, the report outlines an example where the industry achieves an EBITDA of Rs800 per ton. After ...
The development comes three days after the Aditya Birla group firm completed the acquisition of a controlling stake in India ...
UltraTech India's top cement maker will buy an 8.69% stake in Star Cement , it said on Friday, in a deal worth up to 8.51 ...
In an exchange filing, UltraTech Cement said that the shares were acquired at a price of INR 235 per share during the block ...
The Star Cement minority stake acquisition could help UltraTech Cement's exposure in the east markets where its current ...
The Indian cement industry must boost profitability to sustain future investments, needing an EBITDA of over Rs1,000 per ton.
UltraTech Cement acquires 8.69% stake in Star Cement, aiming to strengthen its position as India's largest cement producer.
Leading cement producer UltraTech Cement on Friday announced the acquisition of a minority 8.69 per cent stake in ...
India's UltraTech Cement will buy an 8.69% stake in Star Cement, it said on Friday, in a deal that could be valued at up to 8 ...
UltraTech Cement, India's leading cement company, has acquired an 8.69% stake in Meghalaya-based Star Cement for Rs 851 crore ...
Star Cement shares surged nearly 8% during Friday morning trades following UltraTech Cement’s announcement of acquiring a ...