UltraTech Cement rises on commissioning brownfield cement grinding unit in Odisha

Ultratech Cement is currently trading at Rs. 7200.00, up by 74.95 points or 1.05% from its previous closing of Rs. 7125.05 on the BSE.

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Ultratech Cement

The scrip opened at Rs. 7179.95 and has touched a high and low of Rs. 7203.90 and Rs. 7150.00 respectively. So far 176 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 7549.90 on 10-Feb-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. 7308.00 and Rs. 6980.05 respectively. The current market cap of the company is Rs. 205687.79 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 1.5 mpta brownfield cement grinding unit at Jharsuguda, Odisha, taking the company’s total cement capacity in the state of Odisha to 4.1 mtpa. This forms part of the on-going capacity expansion. With this commissioning the company’s total cement manufacturing capacity in India now stands at 122.85 mtpa.

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

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