Both conglomerates, which are already rivals in the cement industry, announced their plans within a month of each other.
A recovery in infrastructure spending and industry consolidation is driving India’s cement sector into a sustained earnings ...
Adani Group had entered into the cement business in September 2022, after acquiring Ambuja Cement from Swiss firm Holcim for ...
Shares of Ultratech Cement are set to be in the spotlight on March 27 after the company announced the successful ...
UltraTech Cement Ltd. closed 6.13% short of its 52-week high of 12,143.90 rupees, which the company achieved on December 16th ...
UltraTech Cement Ltd. closed 5.89% short of its 52-week high of 12,143.90 rupees, which the company achieved on December 16th ...
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Press Trust of India on MSNAdani, Aditya Birla groups to compete in wire and cable industry after cementAfter cement, billionaire Gautam Adani's group and Kumar Mangalam Birla's Aditya Birla Group are set for a face-off in the wires and cable business with both conglomerates announcing forays into the h ...
Shares of Aditya Birla Group's flagship company, UltraTech Cement Ltd, ended at ₹11,559.45, up by ₹160.10, or 1.40%, on the ...
Cables and wires market booming with big players like Ultratech and Adani entering, creating opportunities for new entrants.
The Indian stock market faced significant challenges in FY25, impacting major conglomerates. Only Aditya Birla Group saw ...
UltraTech Cement has commenced operations at a 3.35 million tonnes per annum (mtpa) clinker facility and a 2.7 mtpa cement ...
Billionaires Gautam Adani and Kumar Mangalam Birla's groups are venturing into the high-growth wire and cable industry, ...
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