ULTRATECH CEMENT : Completes deal to buy jaypee cement

June 2014 Hike in Jaypee Group stake to 68.79% Jaypee Development Corporation(JDC), part of the Jaypee Group has increased its stakeholding in Andhra Cements Limited to 68.79 per cent. It acquired 8.82% stake from the promoters of the small ...

The Scheme between Jaypee Cement Corporation Limited (JCCL) and UltraTech Cement Ltd and its respective shareholders and creditors, for the acquisition of the cement unit of JCCL in Gujarat, comprising of an integrated cement unit at Sewagram and ...

Jaiprakash Associates announced that with reference to the scheme of arrangement between Jaypee Cement Corporation (JCCL) and UltraTech Cement (UCL), the transaction relating to the sale of Gujarat cement plant owned by the Company`s wholly owned ...

Ultratech Cement is currently trading at Rs. 2774.00, up by 14.75 points or 0.53% from its previous closing of Rs. 2759.25 on the BSE. The scrip opened at Rs. 2777.00 and has touched a high and low of Rs. 2825.00 and Rs. 2753.65 respectively. So ...

(Follow @infrasguru on Twitter for important updates) UltraTech Cement, an Aditya Birla Group company, reported a 6% drop in consolidated net profit at INR 627 crore during the June quarter due to increase in operational and raw material cost. Net ...

UltraTech Cement lost 1.5% to Rs 2510 at 10:05 IST on BSE after consolidated net profit declined 6.12% to Rs 628 crore on 13.6% growth in net sales to Rs 5989 crore in Q1 June 2014 over Q1 June 2013. The Q1 result was announced on Saturday, 19 July ...

Cement prices continue to cause disagreements In spite of the impact of the cement boycott imposed by builders, cement producers in Adhra Pradesh and Telangana are reportedly reluctant to reduce cement prices. The Deccan Chronicle is reporting ...

The sale of assets by Jaiprakash Associates, the flagship of the Jaypee group, has been the cause for much speculation over the last few months. One news report said that Kumar Mangalam Birla's UltarTech Cement was in talks to buy the cement ...

North India will see around 23mt of capacity addition from fiscal 2014 to 2017, according to a 28 May report by Barclays Research. Photo: Mint With the new government announcing plans for dedicated freight corridors and 100 smart cities, cement ...