UltraTech Cement inches up on commissioning greenfield clinker backed grinding capacity in Rajasthan

Ultratech Cement is currently trading at Rs. 7247.45, up by 24.45 points or 0.34% from its previous closing of Rs. 7223.00 on the BSE.

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Ultratech Cement

The scrip opened at Rs. 7250.00 and has touched a high and low of Rs. 7276.20 and Rs. 7232.45 respectively. So far 179 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. 6968.85 respectively. The current market cap of the company is Rs. 208511.74 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 commissioned 1.9 mtpa greenfield clinker backed grinding capacity at Pali Cement Works, Rajasthan. This forms part of the first phase of capacity expansion announced in December 2020.

The company along with its subsidiary now has 16.25 mtpa cement capacity in the state of Rajasthan spread over 5 separate plant locations. The company’s total cement manufacturing capacity in India now stands at 121.35 mtpa.

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.

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