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Kumar Mangalam Birla, UltraTech chairman, thinks that the economy will move more quickly as a result of this significant investment in a crucial infrastructure sector, which will also help to jump-start the private investment cycle. <br>Given the present economic climate, the capital expenditure is in line with the governmentu2019s Atmanirbhar Bharat agenda.<br>
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HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS As UltraTech Cement Announces a Big Plan, Shares Reach a 52-Week High Home - Markets - As UltraTech Cement Announces a Big Plan, Shares Reach a 52-Week High Search here ... Latest Update RECENT POPULA R COMMO N December 15, 2022 SRAM & MRAM Technologies and Resources raise $37 million for Bumble Bee Flights December 15, 2022 Superstar Kartik Aaryan joins McDonald’s as a brand ambassador Markets December 15, 2022 December 15, 2022 Facebook Google+ As UltraTech Cement Announces a Big Plan, Shares Reach a 52-Week High After the business announced an investment of Rs 5,477 crore towards 12.8 million tonnes per annum (MTPA) capacity development, UltraTech Cement’s share price increased by more than 4 percent to reach a 52-week high on Friday. The shares were trading 4.26 percent higher at Rs 5,102 a share on the NSE at 9:34 a.m. December 14, 2022 The board of Ultratech Cement has authorised a combination of brown?eld and green?eld development to increase capacity by 12.8 million tonnes per year (MTPA). Milind Soman In Dark by Vim Campaign to Make a Point The country’s rapidly expanding East, Central, and North markets will be where the extra capacity is developed. In addition to the 6.7 MTPA capacity increase presently under way in Uttar Pradesh, Odisha, Bihar, and West Bengal. Which has picked up speed and is projected to get commissioned by FY22 in a staggered manner. Most Viewed This expansion includes the approval that the cement plant at Pali in Rajasthan already holds. December 14, 2022 In a press conference, the company says that, by Q4FY23, commercial production from the expanded capabilities is anticipated to start up gradually. In A Seed Funding Round, Contlo Raises $3.5 Million The continuing deleveraging initiative, which is on target to leave Ultratech Cement debt-free by the time the expansion programme is ?nished, won’t be affected by this capacity increase. The business’s capacity will increase to 136.25 MTPA with completion of the most recent wave of growth, solidifying its position as the third-largest cement producer in the world outside of China. HOME CAMPAIGNS December 14, 2022 STARTUPS DIGITAL MEDIA FUND RAISING MARKETING POLITICS MARKETS
Paytm Shares Decline By 3% As A Rs 850 Billion Repurchase Falls Short Of Investors’ Expectations The company’s total debt as of the September 2020 reporting period was 12,132 crore rupees. During that time, its net debt decreased over the previous three months by around Rs 2,500 crore. Ending off Kumar Mangalam Birla, UltraTech chairman, thinks that the economy will move more quickly as a result of this signi?cant investment in a crucial infrastructure sector, which will also help to jump-start the private investment cycle. Given the present economic climate, the capital expenditure is in line with the government’s Atmanirbhar Bharat agenda. November 21, 2022 BJP’s Manoj Tiwari Demands Investigation for Those Meeting Satyendar Jain in Jail December 12, 2022 You can share this post! Switch To CEAT SecuraDrive With Aamir Khan December 12, 2022 Previous article Milind Soman In Dark by Vim Campaign to Make a Point Next article Superstar Kartik Aaryan joins McDonald’s as a Ferrero Rocher Launches New #TheGoldenChristmasTouc With Hrithik Roshan brand ambassador Related Articles December 14, 2022 MARKETS MARKETS MARKETS Milind Soman In Dark by Vim Campaign to Make a Point Most Reviews RECENT POPULA R COMMO N Paytm Shares Decline By 3% As A Rs 850… Why Wipro shares have dropped more since 2021… MTAR Te Increased December 14, 2022 December 14, 2022 Decem December 15, 2022 SRAM & MRAM Technologies and Resources raise $37 million for Bumble Bee Flights Leave a Reply Your email address will not be published. Required ?elds are marked * Comment * December 15, 2022 Superstar Kartik Aaryan joins McDonald’s as a brand ambassador December 15, 2022 Name * Email * As UltraTech Cement Announces a Big Plan, Shares Reach a 52-Week High POST COMMENT HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING POLITICS STARTUPS MARKETS
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