UltraTech Cement Ltd (ULTRACEMCO) Share Price

UltraTech Cement is among India’s prominent cement manufacturing companies. The company is among the largest producers of concrete in the country. The firm operates over 35 Ready Mix Concrete (RMC) plants spread across 35 cities. Indian multinational corporation Aditya Birla Group is the parent company of UltraTech Cement. UltraTech Cement’s headquarters is situated in Mumbai, Maharashtra. UltraTech Cement was established in 2000 as L&T Cement. 2004 was the year when Grasim Industries, an Aditya Birla Group company, acquired a majority stake in L&T Cement and the company was renamed UltraTech Cement. In 2010, UltraTech Cement was merged with Samruddhi Cement. In the same year, UltraTech Cement completed the acquisition of Star Cement in the Middle East. In 2012, UltraTech Cement acquired Gotan Limestone Khanij Udyog Pvt Ltd (GKUPL), Rajasthan. 2016 was the year when UltraTech Cement completed the acquisition of cement plants from Jaiprakash Associates. In 2017, UltraTech Cement purchased the cement assets of Jaypee Group. In 2018, UltraTech Cement acquired the cement business of Century Textiles and Industries Ltd. 2020 was an important year for UltraTech Cement as it announced Rs. 5,477 crores investment towards a 12.8 million tonnes per annum (MTPA) capacity expansion. In 2021, UltraTech’s cement manufacturing capacity in India increases to 112.55 MTPA and globally to 117.95 MTPA. As of March 2022, UltraTech has a consolidated capacity of 132.35 Million Tonnes Per Annum (MTPA) of grey cement.  Apart from India, UltraTech Cement also operates in UAE, Bahrain and Sri Lanka. 

Products and services 

Being a leading cement maker, UltraTech Cement manufactures and markets a wide array of cement products. Ordinary Portland Cement (OPC) is one of the flagship products of UltraTech Cement. OPC is commonly used in construction. UltraTech Cement offers different grades of OPC including 43, 53, and 53S. Portland Pozzolana Cement (PPC) is a type of cement that is used in the construction of structures exposed to seawater or corrosive environments. White Cement is used for decorative purposes including flooring, plastering and finishing works. UltraTech offers Birla White Cement, which is premium quality white cement. UltraTech Cement offers building products, including wall care putty, adhesives and waterproofing solutions. UltraTech offers a range of sustainable products, including UltraTech Building Solutions. UltraTech Cement provides a range of customer services, including technical support and training to help customers achieve the desired results in their construction projects.

Listing 

Shares of UltraTech Cement are listed on BSE, NSE and MCX Stock Exchange. The company is a part of multiple indices like Nifty 50, Nifty 500, S&P BSE Sensex 50 etc.