Epic Update Ultratech Cement
Equity benchmarks continued to consolidate after a rally in previous six sessions. The Sensex fell 28.80 points to 27249.96 and the Nifty declined 15.55 points to 8355.15.
The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.2-0.3 percent. Even the market breadth was positive as about 1049 shares advanced against 861 declining shares on the Bombay Stock Exchange.
UltraTech Cement touched a record high of Rs 3,600 intraday in opening but came off day’s high on profit booking. The company finalised acquisition of 21.2 MTPA cement capacity of Jaiprakash Associates for Rs 16,189 crore. JP Associates rallied 35 percent.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
The broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.2-0.3 percent. Even the market breadth was positive as about 1049 shares advanced against 861 declining shares on the Bombay Stock Exchange.
UltraTech Cement touched a record high of Rs 3,600 intraday in opening but came off day’s high on profit booking. The company finalised acquisition of 21.2 MTPA cement capacity of Jaiprakash Associates for Rs 16,189 crore. JP Associates rallied 35 percent.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
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