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UltraTech to acquire 23% stake in India Cements
Tribune India· 5 days agoThe country’s leading cement maker UltraTech on Thursday said it will acquire a 23 per cent stake in its Chennai-based rival India Cements Ltd for...
Ultratech & Ambuja acquisitions are just the latest in a larger consolidation of the cement industry
Theprint· 4 days agoAn analysis of these recent mergers and acquisitions in the cement sector showed that prior to the ...
UltraTech Cement To Acquire 23% Stake In India Cements For Over ₹1,900 Cr
Free Press Journal· 6 days agoAditya Birla Group flagship company UltraTech Cement on Thursday announced the acquisition of a 23 per cent stake in former BCCI president N Srinivasan-led ...
Birlas-owned UltraTech buys 23% in India Cements, triggers speculation of takeover
Indian Express· 5 days agoThough UltraTech said it’s purely a non-controlling financial investment, it’s not clear whether the...
Reduce UltraTech Cement; target of Rs 10,553: ICICI Securities
CNBC Awaaz· 5 days agoICICI Securities recommended reduce rating on UltraTech Cement with a target price of Rs 10,553 in...
Amnish Aggarwal on 2 top cement large-cap stocks to bet on; best buy in auto
The Economic Times· 2 days agoAmnish Aggarwal, Head of Research, Prabhudas Lilladher, says the consolidation in the cement...
UltraTech Cement reduces stake buy offer for RAK Cement to 25% | India Infoline
India Infoline· 7 days agoRAKWCT was founded in September 1980 and generated a revenue of ₹482.5 Crore in fiscal year 2021, the company said.
Cement corporate clash: Birla vs Adani consolidation spree - CNBC TV18
CNBC TV18· 6 days agoUltraTech Cement's recent acquisition of a 23% stake in India Cements has rekindled the...
A war of titans builds up in India's cement sector
The Economic Times· 6 days agoIndia's cement industry is all stirred up as two big rivals are hardening their positions. India Cements' stock surged 17% to Rs 299 on the BSE, marking...
India Cements in play: Will there be a rival for UltraTech?
The Economic Times· 6 days agoWhy would a company buy a substantial stake in a rival firm without a say in the management of the...