Ultratech Cement is currently trading at Rs. 11690.00, up by 540.25 points or 4.85% from its previous closing of Rs. 11149.75 on the BSE.

The scrip opened at Rs. 11220.00 and has touched a high and low of Rs. 11875.95 and Rs. 11220.00 respectively. So far 24182 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 11,875.95 on 27-Jun-2024 and a 52 week low of Rs. 7940.55 on 16-Aug-2023.

Last one week high and low of the scrip stood at Rs. 11875.95 and Rs. 10600.00 respectively. The current market cap of the company is Rs. 338930.65 crore.

The promoters holding in the company stood at 59.96%, while Institutions and Non-Institutions held 31.94% and 7.58% respectively.

UltraTech Cement has received approval from board of directors for making a financial investment to purchase upto 7.06 crore equity shares of The India Cements (ICL), a company incorporated under the Indian Companies Act, 1913, at a price of upto Rs 267 per share. This non-controlling financial investment constitutes around 23% of the equity share capital of ICL. 

The Board of Directors of the Company at its meeting held on June 27, 2024 has approved the same. 

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India.