Date | Jul 11, 2016:

Ultratech Cement is currently trading at Rs 3456.00, up by 56.55 points or 1.66% from its previous closing of Rs 3399.45 on the BSE.

The scrip opened at Rs. 3430.00 and has touched a high and low of Rs. 3461.65 and Rs. 3419.00 respectively. So far 11735 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3600.00 on 05-Jul-2016 and a 52 week low of Rs. 2581.15 on 18-Jan-2016.

Last one week high and low of the scrip stood at Rs. 3600.00 and Rs. 3350.00 respectively. The current market cap of the company is Rs. 94656.55 crore.

The promoters holding in the company stood at 62.50%, while Institutions and Non-Institutions held 26.11% and 10.66% respectively.

UltraTech Cement, one of the largest cement manufacturers in India has bagged two coal linkages for its cement plants in Maharashtra. The company had participated in the auction of coal linkages for cement sector and won Penganga OC mines and Mana Incline mine in the State. The company has won the Penganga OC mine for a basic floor price of Rs 1510 and a premium of Rs 20 per tonne. The bid price for the Mana Incline mine was at a basic floor price of Rs 2060 per tonne. Further, the Company intends to participate in the future Linkage auctions for its plants located strategically near the coal mines.

UltraTech Cement is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies 'strength', 'reliability' and 'innovation'. Together, these attributes inspire engineers to stretch the limits of their imagination to create homes, buildings and structures that define the new India.

(Source: http://money.livemint.com/)