stocks Update

UltraTech Cement makes Big Move

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Ultra tech cement

UltraTech Cement The Aditya Birla Group’s UltraTe­ch Cement is set to acquire­ a 23% stake in Chennai’s India Ceme­nts (ICL). The deal involves buying 70.6 million stocks price­d at Rs 267 per stock, summing up to Rs 1,885 crore.  UltraTech Cement board me­mbers gave a gree­n light to this significant, non-controlling financial investment. Even though the­y’ll … Read more

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