Why is UltraTech Cement falling?
Why is UltraTech Cement falling?
Ultratech Cement share fell over 2% in trade today after the cement maker reported a 45.2 per cent decline in consolidated net profit for the fourth quarter ended March 2021. The Aditya Birla Group firm reported a consolidated net profit of Rs 1,774.13 crore in Q4 on account of reversal of deferred tax liabilities.
Is UltraTech a good stock?
UltraTech Cement Limited (NSE:ULTRACEMCO) Looks Like A Good Stock, And It’s Going Ex-Dividend Soon. The company’s next dividend payment will be ₹37.00 per share, and in the last 12 months, the company paid a total of ₹37.00 per share.
Who is promoter of UltraTech Cement?
ULTRATECH CEMENT Promoter Shareholding Pattern
| Category & Name of the Shareholders | No. of shareholder | Total no. shares held |
|---|---|---|
| Smt. Rajashree Birla | 1 | 41701 |
| Smt. Neerja Birla | 1 | 8011 |
| Shri Kumar Mangalam Birla | 1 | 3837 |
| Aditya Vikram Kumarmangalam Birla HUF | 1 | 10228 |
Which cement is better ACC or UltraTech?
The return on equity given by ACC is much better, at 15.28 percent than UltraTech’s at 9.36 percent. Therefore, ACC is currently available at an attractive price while UltraTech is expensive amongst its lot due to its stellar results.
Why are cement stocks falling?
India Cements’ sales, for instance, fell 1% in the June quarter due to weak demand and rising production cost. “The stock has benefited from the revival in sentiment,” says Raina. Ramco Cement, too, saw volumes fall by 3% to 2.13 million tonnes due to slow offtake in its key markets of Tamil Nadu and Telangana.
Which cement is best in India?
10 Best Cement Companies in India As Per Production Capacity
| S.No. | Cement Company | Production Capacity (MTPA) |
|---|---|---|
| 1 | Ultratech Cement | 102.75 |
| 2 | Shree Cement | 37.9 |
| 3 | Jaypee Cement | 33.8 |
| 4 | ACC | 33.41 |
Is UltraTech Cement good for plastering?
UltraTech Readiplast is perfect for manual plastering on both internal and external walls, including brick, block, concrete and hollow walls. UltraTech Super Stucco is a plastering agent that is perfect for surface finishing and its biggest advantage is that it requires no curing.
Who is owner of UltraTech Cement?
Aditya Birla Group
Grasim Industries
UltraTech Cement/Parent organizations
UltraTech Cement Limited. Mr. Kumar Mangalam Birla is the Chairman of the Aditya Birla Group. He chairs the Boards of all of the Group’s major companies in India and globally.
What is the old name of UltraTech Cement?
UltraTech ChemCo Ltd
UltraTech Cement Ltd was incorporated on August 24 2000 as a public limited company with the name L Cement Ltd as a 100% subsidiary of Larsen & Toubro Ltd. In November 2003 the name of the company was changed from L Cement Ltd to UltraTech ChemCo Ltd.
Which brand of cement is best?
Here you will get the detailed information about Top Best Cement Companies Brands in India 2021 and their features and more.
- Ambuja Cement.
- Ramco Cement.
- JSW Cement.
- Binani Cement.
- Dalmia Cements.
- Birla Cement.
- J.K Cement.
- The Indian Cement.
What is the dividend yield of UltraTech Cement?
For the year ending March 2020 UltraTech Cement has declared an equity dividend of 130.00% amounting to Rs 13 per share. At the current share price of Rs 4168.95 this results in a dividend yield of 0.31%.
What kind of company is UltraTech Cement Limited?
UltraTech Cement Limited is engaged in the business of cement and cement-related products.
Why did Ultratech Cem share price go down?
The focus of the company has shifted to control fixed cost by improving efficiency at the plant-level. As a result, the expansion in margins might last longer than one quarter. Though rising fuel cost might put some pressure in near term. Covid Impact ?
Which is the stock code of ultratechcement?
UltraTechCement is in the Cement – Major sector. It is listed on the BSE with a BSE Code of 532538 and the NSE with an NSE Code of ULTRACEMCO. Copyright © e-Eighteen.com Ltd All rights resderved.