UltraTech Cement's board approves making an investment to acquire non-controlling minority stake upto 3.70 crores equity shares of Star Cement at a price not exceeding Rs 235 per share, excluding STT; ...
Leading cement producer UltraTech Cement on Friday announced the acquisition of a minority stake of 8.69 per cent from the promoters of Meghalaya-based Star Cement in a deal worth up to Rs 851 crore.
Shares of North East-based Star Cement gained strong momentum in Friday's trade. The stock jumped 7.84 per cent to hit a day high of Rs 247.75. It was last seen trading 3.98 per cent up at Rs 238.90.
Star Cement shares rallied 7.8 per cent to Rs 247.75 per share on the BSE on Friday after Ultratech Cement said it has agreed to buy a ‘non-controlling’ stake in Star Cement. At 9:25 AM, Star Cement ...
Cement major UltraTech Cement Ltd has announced the acquisition of an 8.69 percent stake in Star Cement Ltd for Rs 851 crore. The deal involves the purchase of up to 3.7 crore equity shares at a ...
UltraTech Cement Ltd., India's largest cement company by capacity, has announced the acquisition of 8.69% stake in Star Cement Ltd. from its promoter group for ₹851 crore. In an exchange filing on ...
Star Cement shares surged nearly 8% during Friday morning trades following UltraTech Cement's announcement of acquiring a minority stake in the company. This move is part of UltraTech's ongoing ...
Leading cement producer UltraTech Cement on Friday said it will acquire a minority stake of 8.69 per cent from the promoters of Meghalaya-based Star Cement in a deal worth up to Rs 851 crore.
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The Indian cement industry anticipates an 8% growth in sales by 2025, driven by government infrastructure spending, despite facing challenges like lower sales realisation in 2024. Major players like ...
The Indian cement industry, witnessing a consolidation and heightened rivalry between two corporate houses snapping smaller players, pins its hope on 2025 for an improvement in sales realisation ...
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