Market News

UltraTech Cem Share Price Live Updates: UltraTech Cement Stock Performance

Dalmia Bharat Plans To Raise Rs 4,000 Crore; Targets 110-130 MTPA Cement Capacity By FY31

Dalmia Bharat remains optimistic about the cement industry's growth prospects and expects cement demand to expand at a compound annual growth rate (CAGR) of 6-7 per cent over the next few years, driven by government-led infrastructure spending, private-sector investments, and rising housing demand amid increasing urbanisation.

Dalmia Bharat plans to raise Rs 4,000 cr; targets 110-130 MTPA cement capacity by FY31

Dalmia Bharat is set to raise up to Rs 4,000 crore to fuel its ambitious expansion, aiming to reach 110-130 million tonnes per annum cement capacity by FY31. This strategic move, involving acquisitions and organic growth, aligns with anticipated industry demand driven by infrastructure and housing. The company is also focusing on premium products and strengthening its pan-India presence, building on recent acquisitions and strong financial performance.

JK Cement Shares in Focus: HDFC Securities Maintains Buy, Sees Strong Growth Ahead — Check Upside, Target Price

HDFC Securities has maintained Buy rating on JK Cement.

EIM and Paradeep Parivahan commence deployment of electric heavy-duty trucks for UltraTech Cement

Energy In Motion (EIM) and Paradeep Parivahan (PPL) have commenced the deployment of approximately 45 EIM Ashwa 4x2, 55-tonne electric heavy-duty vehicles for UltraTech Cement.

UltraTech Cement Q1 Results: Date, Dividend, Earnings Call Schedule And More

UltraTech has fixed Monday, July 20 as the date to declare earnings for the April to June quarter.

Chola Securities sees buying opportunity in metals and cement stocks

Dharmesh Kant, Head of Research at Chola Securities, expects the commodity upcycle to continue for another year despite near-term volatility. He sees any correction in metal prices as a long-term buying opportunity, supported by reconstruction activity in the Middle East and a revival in infrastructure spending in countries such as India. Kant remains positive on metals and prefers Hindalco, Hindustan Zinc, Vedanta, Tata Steel and JSW Steel on declines. He also believes the cement sector has been overlooked and favours large-cap names like UltraTech Cement and Ambuja Cements, while regional players could benefit from improving pricing over the next two to three months. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.

Nifty tops key 23,500 hurdle, can head to 24,500 on buying interest: Analysts

Nifty's strong breakout above 23,500 has turned technical analysts bullish, anticipating a move towards 24,000-24,500. Analysts highlight improving momentum, bullish patterns, and sustained buying interest, with 23,100-23,300 acting as crucial support. Specific stock recommendations include Bank of India, BPCL, HDFC Bank, UltraTech Cement, and KEI Industries.

Cement demand growth likely to moderate to around 5% in FY27: Ambuja Cements

Ambuja Cements anticipates a 5 percent growth in India's cement demand for fiscal year 2026-27. This follows a stronger growth in the previous fiscal. The company is expanding its production capacity through strategic acquisitions and organic growth. Ambuja Cements is also consolidating its cement businesses under a unified structure.

Narmada Agrobase Ltd leads losers in 'B' group

Poojawestern Metaliks Ltd, Anjani Portland Cement Ltd, Bang Overseas Ltd and Quint Digital Ltd are among the other losers in the BSE's 'B' group today, 11 June 2026.

UltraTech Cement buys stake in renewable energy firm to cut power costs

UltraTech Cement Ltd has entered into an Energy Supply Agreement and a Share Subscription and Shareholders Agreement to acquire a 13.99% equity stake in FPEL Services Pvt. Ltd., a company engaged in the generation and transmission of renewable energy through wind power.

Adani Group to acquire NIIF-EESL smart-metering joint venture IntelliSmart for ₹3,050 crore

The acquisition will cement Adani Energy Solutions' position as India's largest smart-metering platform