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Ultratech Buys 23% Stake In India Cement! What Does It Mean For The Cement Sector?
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#Businessnews #ultratechcement #indiacements #cementsector #IndianMarket
In a major move within the cement industry, UltraTech Cement has acquired a 23% stake in The India Cements Limited. This strategic investment involves the purchase of up to 7.06 crore equity shares at Rs. 267 per share. Approved by UltraTech's Board of Directors on June 27, 2024, this acquisition is purely financial. Watch this video to know how the news has impacted the shares of these companies and expert's take from here onward on these cement stocks.
#ultratechcement #cementsector #cement #Ultratech #IndiaCement #BusinessNews #CementIndustry #IndiaCementsLimited #EconomicGrowth #ConstructionSector
#InfrastructureDevelopment #InvestmentTips #IndianMarket #StrategicInvestment #BusinessGrowth
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In a major move within the cement industry, UltraTech Cement has acquired a 23% stake in The India Cements Limited. This strategic investment involves the purchase of up to 7.06 crore equity shares at Rs. 267 per share. Approved by UltraTech's Board of Directors on June 27, 2024, this acquisition is purely financial. Watch this video to know how the news has impacted the shares of these companies and expert's take from here onward on these cement stocks.
#ultratechcement #cementsector #cement #Ultratech #IndiaCement #BusinessNews #CementIndustry #IndiaCementsLimited #EconomicGrowth #ConstructionSector
#InfrastructureDevelopment #InvestmentTips #IndianMarket #StrategicInvestment #BusinessGrowth
-----------------------
Thank You for watching! Do not forget to Like | Comment | Share
-----------------------
About the channel
Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others.
Follow us at: