UltraTech Cement Shares Surge 2.9% on Capacity Expansion
Cement

UltraTech Cement Shares Surge 2.9% on Capacity Expansion

Shares of UltraTech Cement rose by 2.9 percent to reach eleven thousand five hundred twenty-five rupees in intraday trade after the company announced an increase in production capacity. UltraTech revealed that its Kukurdih unit in Chhattisgarh expanded its output from 2.7 million tonnes per annum (mtpa) to 3.3 mtpa, as part of its ongoing debottlenecking initiatives.

With this expansion, UltraTech Cement's total production capacity, including overseas operations, has reached 156.66 million tonnes per annum, reaffirming its status as India’s largest cement manufacturer.

Despite the positive stock movement, the company reported a 36 percent year-on-year drop in net profit for the second quarter of the financial year 2024-25 (Q2FY25), with earnings declining to eight thousand two hundred million rupees. Revenue fell by 2.4 percent to one hundred fifty-six billion rupees during the same period. Sequentially, net profit was down 52 percent, and revenue fell 13 percent.

UltraTech's stock has gained 27 percent over the past year, outperforming the BSE Sensex’s 18 percent growth during the same period.

UltraTech Cement has a market capitalization of three trillion three hundred twenty billion rupees, with a price-to-earnings ratio of 50.10 and earnings per share of two hundred twenty-three rupees.

Shares of UltraTech Cement rose by 2.9 percent to reach eleven thousand five hundred twenty-five rupees in intraday trade after the company announced an increase in production capacity. UltraTech revealed that its Kukurdih unit in Chhattisgarh expanded its output from 2.7 million tonnes per annum (mtpa) to 3.3 mtpa, as part of its ongoing debottlenecking initiatives. With this expansion, UltraTech Cement's total production capacity, including overseas operations, has reached 156.66 million tonnes per annum, reaffirming its status as India’s largest cement manufacturer. Despite the positive stock movement, the company reported a 36 percent year-on-year drop in net profit for the second quarter of the financial year 2024-25 (Q2FY25), with earnings declining to eight thousand two hundred million rupees. Revenue fell by 2.4 percent to one hundred fifty-six billion rupees during the same period. Sequentially, net profit was down 52 percent, and revenue fell 13 percent. UltraTech's stock has gained 27 percent over the past year, outperforming the BSE Sensex’s 18 percent growth during the same period. UltraTech Cement has a market capitalization of three trillion three hundred twenty billion rupees, with a price-to-earnings ratio of 50.10 and earnings per share of two hundred twenty-three rupees.

Next Story
Resources

Madhya Pradesh Champions Inclusive Tourism at Heritage Sites

On the occasion of World Heritage Day, Madhya Pradesh is taking a significant step toward inclusive tourism by making its historical sites accessible to all — especially persons with disabilities. The state is rolling out its ‘Accessibility Infrastructure and Development’ project at Maheshwar, Mandu, Dhar, and Orchha, aiming to create a more welcoming experience at these iconic cultural destinations.The initiative, under the leadership of Chief Minister Dr Mohan Yadav and Tourism Minister Shri Dharmendra Bhav Singh Lodhi, includes infrastructure upgrades such as ramps, Braille signage, w..

Next Story
Resources

Runwal Realty Onboards Sonam Kapoor as Brand Ambassador

Real estate major Runwal has unveiled a refreshed identity as Runwal Realty, signalling a renewed commitment to crafting spaces that stand the test of time. With this refresh, the brand unveils its new philosophy: “Building for Generations to Come” and welcomes Bollywood star and global fashion icon Sonam Kapoor as its brand ambassador. This evolved identity reflects Runwal Realty’s commitment to creating not just homes, but heirlooms—crafted through visionary design, meticulous planning, global design expertise and an unwavering focus on quality. With the customer at its core, each de..

Next Story
Infrastructure Urban

Emerging Trends in Infrastructure and Transport 2025: KPMG

KPMG’s latest report, The Great Reset: Emerging Trends in Infrastructure and Transport 2025 edition, sheds light on the profound changes transforming the global infrastructure landscape. As industries adapt to the challenges posed by climate change, economic pressures, and technological advancements, the report identifies key trends and provides actionable insights for leaders in infrastructure and transport sectors. “In today’s interconnected world, the lack of standardized supply chain practices is not just an operational challenge—it’s an environmental and economic one. We’..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?