Page 14 - Tech Cement News Today

Call writing is seen at 19700 and then towards 19800 strikes while Put writing is seen at 19600 and then towards 19650 strikes.

Revenue from operations in the reporting period rose 10% to Rs 30,221 crore against Rs 27,486 crore in the corresponding period of the previous year. The revenue growth was driven by the performance of key subsidiaries -- UltraTech Cement and Aditya Birla Capital. However, softening of realisations in Caustic Soda impacted the standalone performance.

Indian shares reversed course to end slightly higher on Friday despite weak cues from Asian and European markets. A cautious undertone prevailed as hawkish comments from Fed, ECB and BoE officials dented hopes that interest rate hikes are finished.

Infrastructure projects and large-scale building construction and demolition work have generated dust over several parts of Mumbai, escalating the city’s AQI (air quality index) to 156 on October 19. At this time, New Delhi, which is generally considered more polluted than Mumbai, has an AQI of 121.

ICICI Securities recommended hold rating on UltraTech Cement with a target price of Rs 8742 in its research report dated October 30, 2023.

Volatility was slightly higher on Tuesday from Monday closing as India VIX stood at 11.65, up 1.39%.

Cement major UltraTech Cement Ltd on Saturday said it will expand its capacity by 21.9 million tonne per annum (mtpa) at an outlay of about Rs 13,000 crore funded from internal accruals.Part of the Aditya Birla group, UltraTech Cement said the ...

Based on the OI percentage, 155 stocks, including Dr Lal PathLabs, Delta Corp, RBL Bank, Navin Fluorine International and ONGC, saw a long unwinding

Stocks to watch: Shares of firms like HUL, Zomato, ITC, UltraTech, Tata Motors, Paytm, Dixon, and others will be in focus on Friday's trade.

Disappointing quarterly earnings numbers and revenue forecast from IT services company Wipro also weighed on investor sentiments. The 30-share BSE Sensex fell 247.78 points or 0.38 per cent to settle at 65,629.24 points. During the day, it plunged 533.52 points or 0.80 per cent to 65,343.50 points.