News: UltraTech Cement Ltd (ULTC.NS)
17 May 2013
Mon, Apr 22 2013
* The BSE index gains 0.66 percent and the 50-share NSE index is up 0.78 percent, heading towards a second day of gains. * Rate sensitive stocks such as HDFC Bank gain ahead of quarterly results later in the week, and also on hopes of rate cut by RBI on its May 3 meeting. * HDFC Bank is up 3.6 percent, while ICICI Bank is up 1.8 percent. * Tata Motors Ltd gains 1.3 percent after unit Jaguar Land Rover Ltd's China chief said it aims to increase its sales by 20-30 percent this year in China,
MUMBAI, April 22 - UltraTech Cement Ltd, India's biggest cement producer, reported a 16.3 percent year-on-year fall in profit for the quarter ended March 31.
* UltraTech Cement Ltd may lag January-March earnings consensus forecast, according to Thomson Reuters StarMine data. * StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, shows UltraTech would report a net income of 7.45 billion rupees for the quarter compared with mean consensus estimate of 7.72 billion rupees. * Shares in UltraTech are down 1.8 percent at 0630 GMT ahead of its earnings results later in the day. (firstname.lastname@example.org /
MUMBAI - Shares in Tata Motors Ltd and UltraTech Cement Ltd rose in early trade after briefly plunging as much as 10 percent during Friday's trading session because of a technology trading glitch from brokerage Religare Capital Markets.
MUMBAI, Feb 4 - Shares in India's Tata Motors Ltd and UltraTech Cement Ltd rose in pre-open trading after briefly plunging as much as 10 percent each because of a technology trading glitch from brokerage Religare Capital Markets.
MUMBAI, Feb 1 - India's National Stock Exchange was looking into the sudden slump in Tata Motors Ltd and Ultratech Cement Ltd shares on Friday, a source at the bourse said.
MUMBAI, Feb 1 - Tata Motors Ltd and Ultratech Cement Ltd shares briefly dropped as much as 10 percent each, before sharply cutting losses, after a series of shares were sold at lower prices, traders said.
Reuters Market Eye - Shares in UltraTech Cement fell 2 percent after the cement maker reported a 3 percent fall in October-December net profit at 6 billion rupees on Saturday.
* Shares in UltraTech Cement Ltd fell 2 percent after the cement maker reported a 3 percent fall in October-December net profit at 6 billion rupees on Saturday. * UltraTech continues to struggle with capacity utilization and no volume growth, Kotak Securities said in a note, even as market consensus is for higher volumes growth from expanded capacities in the sector by fiscal 2014. * Other cement players fall: ACC Ltd declines 1.35 percent, Ambuja Cements Ltd retreats 2 percent. * Cement maker
Jan 19 - UltraTech Cement Ltd announced results for the three months ended Dec. 31 as follows: (Versus the same period a year earlier, in billion rupees unless stated) Net profit 6.01 vs 6.17 Net sales 48.57 vs 45.65 NOTE: UltraTech Cement Ltd is India's biggest cement producer. The above numbers are on standalone basis. (Reporting by Prashant Mehra in MUMBAI)