UltraTech Cement
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UltraTech Cement’s management confident on Cables and Wire foray but cement to remain core focus
The management is optimistic about the segment’s long-term profitability, targeting a Return on Capital Employed (RoCE) of over 20%, Internal Rate of Return (IRR) of around 25%, and an asset turnover of 5–7x by FY31.
UltraTech Cement expands capacity with new 0.6 MTPA grinding unit in West Bengal
With the new capacity, UltraTech Cement's total domestic grey cement manufacturing capacity now stands at an impressive 166.31 MTPA. In addition, the company holds an overseas capacity of 5.4 MTPA, bringing its global cement manufacturing capacity to a total of 171.71 MTPA.
UltraTech Cement acquires 26% stake in Clean Max Sapphire for Rs 45.77 crore
The acquisition, valued at ₹45.77 crore, will support UltraTech’s ongoing efforts to integrate sustainable energy solutions into its operations. The deal is structured through an Energy Supply Agreement and a Share Subscription and Shareholders Agreement.
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