News for '-ultratech'

Sensex drops 207 pts dragged by financial stocks

Sensex drops 207 pts dragged by financial stocks

Rediff.com27 Oct 2021

Axis Bank was the top loser in the Sensex pack, tanking over 6 per cent, followed by Bajaj Finance, Bajaj Finserv, IndusInd Bank, HUL and Tata Steel. NSE Nifty fell 57.45 points to 18,210.95.

Sensex, Nifty end in red once again

Sensex, Nifty end in red once again

Rediff.com1 Oct 2021

Bajaj Finserv was the top loser in the Sensex pack, shedding over 3 per cent, followed by Maruti, Bharti Airtel, Asian Paints, Bajaj Finance and HDFC.

Sensex snaps 2-day winning run, ends marginally lower

Sensex snaps 2-day winning run, ends marginally lower

Rediff.com6 Jul 2021

Tech Mahindra was the top loser in the Sensex pack, shedding over 2 per cent, followed by TCS, Maruti, Reliance, Sun Pharma and Infosys. NSE Nifty fell 16.10 points to 15,818.25.

Sensex soars over 558 pts; Nifty tops 11,300

Sensex soars over 558 pts; Nifty tops 11,300

Rediff.com28 Jul 2020

Ultratech Cement, TCS, Kotak Mahindra, M&M, Maruti, IndusInd Bank and Bajaj Auto were the prominent gainers. On the other hand, ICICI Bank, Nestle, Asian Paints, ONGC and ITC ended in the red.

Sensex surges 224 pts to finish at record peak; Nifty tops 13,700

Sensex surges 224 pts to finish at record peak; Nifty tops 13,700

Rediff.com17 Dec 2020

HDFC was the top gainer in the Sensex pack, rising around 3 per cent, followed by Bajaj Finance, HDFC Bank, IndusInd Bank, PowerGrid, UltraTech Cement, TCS, Tech Mahindra and L&T. On the other hand, ONGC, Maruti, Tata Steel, HUL, Bajaj Auto and Sun Pharma were among the laggards.

HDFC, Infy, Kotak Bank rally to power Sensex by 478 pts

HDFC, Infy, Kotak Bank rally to power Sensex by 478 pts

Rediff.com8 Nov 2021

Equity benchmark Sensex rallied 478 points on Monday after gains in index majors HDFC, Infosys and Kotak Bank despite a negative trend in the global markets.

Markets hit fresh highs: Sensex zooms 873 pts; Nifty scales 16K

Markets hit fresh highs: Sensex zooms 873 pts; Nifty scales 16K

Rediff.com3 Aug 2021

Titan was the top gainer in the Sensex pack, rising around 4 per cent, followed by HDFC, Nestle India, IndusInd Bank, UltraTech Cement and Bharti Airtel. On the other hand, Bajaj Auto, Tata Steel and NTPC were the laggards.

Sensex jumps 149 points to new record

Sensex jumps 149 points to new record

Rediff.com12 Oct 2021

Titan was the top gainer in the Sensex pack, rallying over 5 per cent, followed by Bajaj Auto, Bajaj Finserv, SBI, Nestle India, ITC, Axis Bank and Tata Steel. Nifty rose 46 points to its fresh closing peak of 17,991.95.

Sensex rises 237 points; Nifty above 12,100

Sensex rises 237 points; Nifty above 12,100

Rediff.com11 Feb 2020

NTPC, Maruti, SBI, PowerGrid, Bajaj Auto, UltraTech Cement and Axis Bank rose up to 2.95 per cent.

Adani group to be India's 2nd-largest cement manufacturer

Adani group to be India's 2nd-largest cement manufacturer

Rediff.com16 May 2022

Billionaire Gautam Adani on Sunday won the race to acquire Swiss cement major Holcim's stake in Ambuja Cements and its subsidiary ACC for $10.5 bn (around Rs 81,361 crore), including the open offers. The Adani family, through an offshore special-purpose vehicle, announced that it had entered into definitive agreements for the acquisition of Holcim Ltd's entire stake in two of India's leading cement companies -- Ambuja Cements and ACC -- the Adani group said in a statement. The group outbid Ultratech and JSW group to enter the cement industry and also emerge as the country's second-largest cement manufacturer, with 70 million tonnes of capacity annually.

Market selloff: Investors lose Rs 6.15 lakh crore in 3 days

Market selloff: Investors lose Rs 6.15 lakh crore in 3 days

Rediff.com29 Oct 2021

Investors' wealth has eroded by over Rs 6.15 lakh crore in three days of market decline amid weak global cues and persistent selling by foreign funds. The BSE benchmark Sensex tumbled for the third straight session on Friday to close at 59,306.93, down 677.77 points or 1.13 per cent. In three days, the 30-share index has lost 2,043.33 points or 3.33 per cent.

Sensex rallies 996 points; Nifty tops 9,300

Sensex rallies 996 points; Nifty tops 9,300

Rediff.com27 May 2020

Axis Bank was the top gainer in the Sensex pack, soaring over 13 per cent, followed by ICICI Bank, HDFC Bank, IndusInd Bank and Bajaj Finance. On the other hand, Sun Pharma, UltraTech Cement, Titan and Asian Paints were among the laggards.

Markets settle with modest gains in choppy trade

Markets settle with modest gains in choppy trade

Rediff.com11 Mar 2022

Rising for the fourth straight day, benchmark indices Sensex and Nifty settled marginally higher after a choppy session on Friday, tracking mixed global trends amid uncertainties on the geopolitical front. The BSE Sensex opened weak and declined 414.44 points to 55,049.95 in opening deals. But within minutes, it pared all its losses and jumped 369.56 points to 55,833.95. Facing volatility, the index finally settled at 55,550.30, higher by 85.91 points or 0.15 per cent.

Sensex snaps 4-day losing streak; ends up428 points

Sensex snaps 4-day losing streak; ends up428 points

Rediff.com9 Jun 2022

Powered by a rally in index heavyweight Reliance Industries, equity benchmark Sensex broke its four-session losing run to close above the 55,000-mark on Thursday despite a weak trend overseas. Investors made a cautious return to IT, pharma and bank stocks after their recent sell-off. However, a depreciating rupee and persistent foreign fund outflows capped the gains, traders said. Overcoming a lacklustre start, the 30-share BSE Sensex surged 427.79 points or 0.78 per cent to close at 55,320.28.

Sensex, Nifty extend record run on vaccine booster

Sensex, Nifty extend record run on vaccine booster

Rediff.com30 Dec 2020

Among major Sensex movers, Ultratech Cement rose over 4 per cent, Bajaj Finance by 2.63 per cent and Maruti by 2 per cent. BSE Sensex closed up by 133.14 points at a record high of 47,746.22. NSE Nifty rose by 49.35 points at its lifetime high of 13,981.95.

Sensex rallies 320 points; Nifty closes at fresh high

Sensex rallies 320 points; Nifty closes at fresh high

Rediff.com2 Jan 2020

Ultratech Cement was the top gainer in the Sensex pack, surging 4.37 per cent, followed by Tata Steel, IndusInd Bank, L&T, Reliance Industries, SBI, HDFC, HDFC Bank, Axis Bank, ONGC and ITC.

Sensex rises 226 points on gains in index heavyweights

Sensex rises 226 points on gains in index heavyweights

Rediff.com23 Aug 2021

HCL Tech was the top gainer in the Sensex pack, rising over 4 per cent, followed by TCS, Bajaj Finserv, Nestle India, Bharti Airtel, Bajaj Finance and Tech Mahindra. NSE Nifty advanced 45.95 points to 16,496.45.

Sensex extends gains to 2nd day; jumps 111 points

Sensex extends gains to 2nd day; jumps 111 points

Rediff.com24 May 2021

SBI was the top gainer in the Sensex pack, advancing over 2 per cent, followed by L&T, ITC, Dr Reddy's, Axis Bank and PowerGrid. NSE Nifty rose 22.40 points to 15,197.70.

Why Kumar Mangalam Birla is the undisputed king of India's cement sector

Why Kumar Mangalam Birla is the undisputed king of India's cement sector

Rediff.com4 Dec 2018

The acquisition of the debt-laden Binani has catapulted Birla-owned UltraTech to the top spot in India, leaving it free to turn attention to overseas market

JSW Group's Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements

JSW Group's Sajjan Jindal bets $4.5 bn of his wealth on Ambuja Cements

Rediff.com11 May 2022

The chairman of the JSW Group of companies, Sajjan Jindal, whose stake in the group is valued at $14.5 billion (Rs 1.1 trillion), is betting $4.5 billion of his personal fortune in the firm's bid for Ambuja Cements. According to bankers, Jindal's contribution will be a combination of share sale and debts raised by pledging the stake of the target entities with private equities. The JSW Group chairman has offered $7 billion for Ambuja Cements, including $2.5 billion of investments from private equities, the Financial Times reported on Tuesday.

Sensex ends lower for 3rd day; Tata Steel tanks 6.95%

Sensex ends lower for 3rd day; Tata Steel tanks 6.95%

Rediff.com10 May 2022

Equity indices failed to hold on to their gains in see-saw trade on Tuesday, ending in the red for the third straight session despite a tentative recovery in global equities. The rupee too bounced back from historic lows, but the overall sentiment remained risk-averse amid concerns over economic recovery in a high interest rate scenario. The 30-share BSE Sensex had a choppy start but gained momentum in mid-session trade. However, it succumbed to selling pressure towards the fag end to close 105.82 points or 0.19 per cent lower at 54,364.85. On similar lines, the broader NSE Nifty declined 61.80 points or 0.38 per cent to finish at 16,240.05.

Sensex, Nifty pare early gains, end marginally lower

Sensex, Nifty pare early gains, end marginally lower

Rediff.com30 Jun 2020

PowerGrid was the top laggard in the Sensex pack, shedding around 2 per cent, followed by Sun Pharma, ITC, ONGC, Bharti Airtel and Reliance Industries. On the other hand, Maruti, Nestle India, ICICI Bank and UltraTech Cement were among the gainers.

Sensex up 55 points to its all-time closing high

Sensex up 55 points to its all-time closing high

Rediff.com9 Sep 2021

Bharti Airtel was the top gainer in the Sensex pack, jumping around 3 per cent, followed by Nestle India, Tata Steel, Bajaj Finserv, HCL Tech and ITC. NSE Nifty rose 15.75 points to settle at 17,369.25.

Sensex, Nifty end flat after scaling fresh lifetime highs

Sensex, Nifty end flat after scaling fresh lifetime highs

Rediff.com16 Jul 2021

HCL Tech was the top loser in the Sensex pack, shedding over 3 per cent, followed by Infosys, Bajaj Finserv, NTPC, ICICI Bank and IndusInd Bank.

Sensex snaps 3-day losing streak; gains 271 pts at close

Sensex snaps 3-day losing streak; gains 271 pts at close

Rediff.com23 Jan 2020

L&T was the top gainer in the Sensex pack followed by M&M, SBI, Titan, Infosys, Bharti Airtel and Ultratech Cement.

BSE, NSE snap 5-day losing streak in choppy trade

BSE, NSE snap 5-day losing streak in choppy trade

Rediff.com23 Feb 2021

ONGC was the top gainer in the Sensex pack, rallying around 6 per cent, followed by IndusInd Bank, L&T, UltraTech Cement, Titan, SBI and NTPC. NSE Nifty settled 32.10 points up at 14,707.80.

Sensex surges 460 pts after RBI keeps rates unchanged

Sensex surges 460 pts after RBI keeps rates unchanged

Rediff.com10 Feb 2022

Tata Steel was the top gainer in the Sensex pack, climbing 2.11 per cent, followed by Infosys, HDFC Bank, HDFC, Kotak Bank, M&M and PowerGrid. NSE Nifty jumped 142.05 points to end at 17,605.85.

Sensex, Nifty close at lifetime highs

Sensex, Nifty close at lifetime highs

Rediff.com7 Jun 2021

PowerGrid was the top gainer in the Sensex pack, rallying over 4 per cent, followed by NTPC, UltraTech Cement, Tech Mahindra, Reliance Industries and IndusInd Bank.

Sensex, Nifty surge to fresh lifetime peaks

Sensex, Nifty surge to fresh lifetime peaks

Rediff.com15 Sep 2021

NTPC was the top gainer in the Sensex pack, jumping over 7 per cent, followed by Bharti Airtel, Titan, HCL Tech, SBI, PowerGrid, TCS and IndusInd Bank. NSE Nifty climbed 139.45 points to its new closing high of 17,519.45.

Sensex slides by 135 points as markets fall for 6th straight day

Sensex slides by 135 points as markets fall for 6th straight day

Rediff.com17 Jun 2022

Market benchmarks gave up intra-day gains to close in the red for the sixth session on the trot on Friday, capping a bruising week which saw a massive dash for safety amid rate hikes by global central banks and fears of slowing growth.

Selling pressure in financials drag Sensex down 355 points

Selling pressure in financials drag Sensex down 355 points

Rediff.com20 Jul 2021

IndusInd Bank was the top loser in the Sensex pack, shedding over 3 per cent, followed by Tata Steel, NTPC, Bharti Airtel, HCL Tech, ICICI Bank, M&M and HDFC Bank. NSE Nifty fell 120.30 points to 15,632.10.

This deal will see the single-biggest outflow of foreign capital from India

This deal will see the single-biggest outflow of foreign capital from India

Rediff.com11 May 2022

The much-talked-about sale of Ambuja Cement and ACC by Holcim Group will see the single-biggest outflow of foreign capital from the country if the two cement firms are acquired by Indian investors. The deal, valued at nearly $10.35 billion, will put in the shade Cairn Energy Plc's exit from India in 2010, when it sold Cairn India to Vedanta Group for $4.48 billion. According to various reports, big business groups such as AV Birla, JSW Group, and Adani Group are in the fray to acquire Holcim's assets in India.

Funding winter hits start-up advertising spend across properties

Funding winter hits start-up advertising spend across properties

Rediff.com6 Aug 2022

A long and bitter funding winter in the start-up world is beginning to take its toll on start-up advertising across properties. Earlier this week, Mastercard replaced Paytm as the title sponsor for all international and domestic cricket matches organised by the Board of Control for Cricket in India (BCCI). But this is just one part of the story. The other side is that organisers of high-impact shows and events on Hindi general entertainment channels, too, are feeling the winter chill.

Gautam Adani cements hold over Ambuja, son Karan is chairman of ACC

Gautam Adani cements hold over Ambuja, son Karan is chairman of ACC

Rediff.com16 Sep 2022

Billionaire Gautam Adani's son Karan will helm the cement firms his group has acquired to become India's second largest cement player and extend his burgeoning empire that spans from ports and energy to airports and telecom.

Sensex tumbles 341 points on weak global cues

Sensex tumbles 341 points on weak global cues

Rediff.com11 May 2021

Kotak Bank was the top loser in the Sensex pack, shedding 3 per cent, followed by HDFC, Bajaj Finance, Bajaj Finserv, Tech Mahindra, HUL and Titan. NSE Nifty slumped 91.60 points to 14,850.75.

Sensex ends 147 points higher; Infosys up over 1%

Sensex ends 147 points higher; Infosys up over 1%

Rediff.com10 Jan 2020

The broader Nifty scaled its life-time (intra-day) high of 12,311.20, before ending 40.90 points, or 0.33 per cent, higher at 12,256.80. Other gainers included Ultratech Cement, Maruti, Kotak Bank, Asian Paints and HUL.

Sensex ends 153 pts lower; Nifty slips below 12,100

Sensex ends 153 pts lower; Nifty slips below 12,100

Rediff.com20 Feb 2020

Asian Paints, HUL, TCS, Tech Mahindra, Reliance Industries, UltraTech Cement were among the top laggards in the Sensex pack.

Sensex rebounds 193 points; Nifty reclaims 12K

Sensex rebounds 193 points; Nifty reclaims 12K

Rediff.com7 Jan 2020

In the Sensex kitty, Ultratech Cement was the top gainer, rising 2.10 per cent, followed by HDFC Bank, Reliance Industries Sun Pharma, NTPC and Asian Paints.

Markets start FY22 on a high; Sensex reclaims 50,000

Markets start FY22 on a high; Sensex reclaims 50,000

Rediff.com1 Apr 2021

IndusInd Bank, Kotak Bank, ICICI Bank, Sun Pharma, Bajaj Finance and Ultratech Cement were prominent gainers. NSE Nifty rose 176.65 points to 14,867.35.

ASK AJIT: Stocks To Buy, Hold, Sell

ASK AJIT: Stocks To Buy, Hold, Sell

Rediff.com11 Mar 2022

Ajit Mishra, vice president, Research, Religare Broking, answers your stock market queries.