On the approval of the CCI to purchase Kesoram Cement, UltraTech Cement's stock saw a rise.

Strategic Acquisition 

UltraTech Cement announced plans in November 2023 to acquire Kesoram Industries' cement business, valued at approximately Rs 7,600 crore.

Financial Performance Highlights

UltraTech Cement reports a robust 67% increase in net profit to Rs 1,774 crore in the December quarter, surpassing analyst expectations.
Company Details

Diverse Product Portfolio

UltraTech Cement offers a wide range of construction materials, including grey cement, white cement, ready-mix concrete, clinker, and building products.
Investors were bullish on UltraTech Cement as it strengthened its market position through strategic acquisitions and impressive financial performance.

Investor Confidence Soars

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