Ultratech Cement Shares: Aditya Birla Group’s company UltraTech Cement shares will be in focus during business on Thursday. In fact, the company is preparing to sell its share of 6.49 percent in The India Cements through the Offer for Sale.

UltraTech Cement Limited said on Wednesday that the Committee of Directors and Officers of the company has approved the sale of 2.01 crore equity shares of The India Cements Limited (ICEM), which is 6.49 percent of the company’s paid equity share capital. This disinvestment process is in line with the applied rules and guidelines issued by market regulator SEBI and stock exchanges. That is, the company will sell its stake through the sale proposal (OFS) on the stock exchange platform.

There was a deal between them in both companies

UltraTech Cement won 10,13,91,231 equity shares of India Cement in December last year, which is equivalent to a 32.72 percent stake in the company. With this, UltraTech’s total stake in India Cements increased to 55.49 percent. Earlier, in June, UltraTech Cement bought a 22.77 percent stake of India Cement at a price of Rs 268 per share.

With this, in the month of July, UltraTech took control of India Cements and became a promoter. With this, India Cements became its subsidiary company. The share of 32.72 percent in the company was purchased by UltraTech Cement for Rs 390 per share i.e. for Rs 3954 crore.

India is the second big cement producer of the world

The company’s chairman Kumar Mangalam Birla said during the AGM said that the company is ready to cross the capacity of 200 million tonnes of production by the end of the business year 2026. By March 2025, its annual production capacity was 188.8 million tonnes and in 2025 its net revenue reached Rs 75,955 crore and sales volume to 135.83 million tonnes, which shows a gain of over 14 percent year-on-year. Currently, India is the second largest cement producer in the world and has a 30.8 percent stake in cement production in the global market.

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Multibagger stock: The risk of investing money in the stock market is not a matter of everyone, especially for new players. In this, while on one side, the decision has to be taken according to the market, on the other hand, patience also matters a lot. Today we are going to tell you about the multibagger share, which has rained money within a year. Made investors a millionaire. Yes.

Millionaire in a year

On the last trading day of the previous week, on Friday, its stock closed at Rs 571.05 with a 52 -week high or 5 per cent jump. The price of this stock was just Rs 11. But within a year, with a tremendous return of 5000 percent, investors have been given tremendous profits. Last week, this stock had risen nearly seven percent, while in a month it went up nearly the percentage.

If someone had invested one lakh rupees in the stock of Eltekon International Limited six months ago, then today its price would have been about seven and a half lakhs, that is, there was a benefit of six and a half lakhs on investment of one lakh rupees. Meaning, 655 percent of the returns have been given in six months.

Share did rich

It can be understood that if someone had invested one lakh rupees in the stock of this company, it would have been priced at Rs 50 lakh if ​​it got more than 5000 percent returns in a year. A year ago, where the price of this stock was Rs 11, now it is more than Rs 571. Obviously, this is a chance for investors to get great returns.

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Disclaimer: (The information provided here is being given only for information. It is necessary to tell here that the investment in the market is subject to risks. Always consult expert before investing as an investor. Abplive.com is never advised to invest money here.)

Ultratech Cement Q4 Results: Ultratech Cement on Monday announced the fourth quarter result for FY 2024-25, in which the company made a profit of Rs 2,482.04 crore from an estimate. This is 9.92 percent more than Rs 2,258.12 crore recorded during the March quarter of FY 24.

The company expected more profit

The company’s revenue from the operations was Rs 23,063.32 crore, which is 12.95 percent more than Rs 20,418.94 crore recorded during the same period of the last financial year. The company’s Ebitda was Rs 4,618.4 crore. According to the CNBC TV18 poll, UltraTech Cement was expected to profit Rs 2,500 crore in the fourth quarter and was estimated to be Rs 23,505 crore.

Increased production of gray cement of the company

Explain that during this quarter, the amount of domestic gray cement of the company has increased by 10 percent to 36.46 million tonnes on an annual basis, which shows a strong demand in residential and commercial segment in the major markets of the country. UltraTech’s gray cement sales have also increased by 1.6 percent to Rs 5,052 per ton. However, it has declined by 2.3 percent on an annual basis. Localistics and fuel costs have declined by 5 percent and 16 percent respectively on an annual basis.

Dividend announcement at the rate of Rs 77.50

Announcing the result, the company also said that the Board of Directors have recommended to give 775 percent dividend at the rate of Rs 77.50 on each equity share with a face value of Rs 10 for the year ended March 31, 2025, which is now subject to the approval of members in the company’s next Annual General Meeting (AGM). The company announced the result during the trading session. Along with this, UltraTech Cement shares on the National Stock Exchange closed at Rs 12,128 on the National Stock Exchange at Rs 12,128.

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