Cement firms told to deposit Rs 630 crore

Shares in cement companies such as Ambuja Cements Ltd gained on hopes a regulatory tribunal may rule in their favour as they challenge price collusions charges from the Competition Commission of India. A judgement on the case pitting cement ...

In UltraTech Cement one can expect a range breakout today and strong momentum on the upside. It is doing wonderful things, stay with it and go long today, says Sudarshan Sukhani of s2analytics.com.

The Competition Appellate Tribunal (COMPAT) has asked 11 cement companies, which were together asked to pay a penalty of Rs 6,000 crore by the Competition Commission of India in June 2012, to pay Rs 630 crore or as penalties within the next four ...

Vishal B Malkan of malkansview.com is of the view that Ultratech Cement can go upto Rs 2,200-2,250.

After opening with a gap-up, the Ni fty traded in a narrow range and consolidated its previous days gains. It closed 23 points higher. ICICI direct.com

PTI reported UltraTech plans to expand its capacity at Aditya Cement Works in Rajasthan by 2.90 million tonnes per annum including setting up of two grinding units. The expansion envisages a capital outlay of INR 2,000 crore. The additional capacity ...

In a chat with ET Now, Sandeep Wagle, founder & MD, , shares his views on ET Now: What is your call on UltraTech Cement? Sandeep Wagle: Buy UltraTech Cement with a stop loss of Rs 1,948 and look for a price target of

Meanwhile, the S&P BSE Sensex was up 27.27 points or 0.14% at 19,966.31.

, cement majors saw flagging prices and shrinking profit margins, triggering a sharp fall in profits. UltraTech Cement reported a 16 per cent drop in net profit. The Holcim group companies ? ACC and Ambuja Cement reported profit growth due to tax ...