Page 4 - Tech Cement News Today

The BSE benchmark Sensex on Monday was trading 436 points higher at 74,166.33, while the Nifty was over 93.7 points at 22,513.70

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The company added 13.27 mtpa grey cement capacity across locations.

UltraTech Q4: The cement manufacturers board has recommended a dividend of Rs 70 a share for FY24

Earlier this month, the Aditya Birla group-owned company said that it will invest Rs 32,400 crore towards its capital expenditure over the next three years

A long build-up was seen in 65 stocks, including Hindustan Copper, Sun TV Network, Biocon, Granules India, and Dixon Technologies.

According to the average estimate of 12 brokerages, the companys net profit is expected at Rs 1,976.58 crore, marking a 23 percent increase on-year, and a 15 percent sequential rise.

In October 2023, ET reported that the firm had approached Adani group to sell its promoter stake. Last year, JP Morgan was roped in by Birla to find a buyer for his business.

Experts are hopeful of further uptrend towards 22,700-22,800 in the coming sessions, with support at 22,300-22,200 levels, and the volatility index diving to November 2023 lows

Experts are hopeful of further uptrend towards 22,700-22,800 in the coming sessions, with support at 22,300-22,200 levels, and the volatility index diving to November 2023 lows