UltraTech Cement, India Cements Share Price Today Live: UltraTech Cement, India’s top cement producer by capacity, said on Thursday it will buy a 23 per cent stake in India Cements for up to ₹1,885 crore (about $226 million). UltraTech said it would buy 70.6 million India Cements shares for up to ₹267 each, a 1.7 per cent premium to the stock’s closing price on Wednesday. India Cements’s shares jumped 10 per cent to nearly ₹289 in initial trade, while UltraTech’s shares rose 5.2 per cent.
India Cements Share Price Today Live: UltraTech Cement to buy 23% stake in India Cements for ₹1,885 crore
