Nitin Gadkari dedicates seven Rs 24.44 bn National Highway projects

UltraTech Plans Rs 100 Billion Capex for FY26

UltraTech Cement, part of the Aditya Birla Group, has announced a capital expenditure plan of up to Rs 100 billion for FY26. The investment will focus on increasing production capacity, improving energy efficiency, and enhancing overall operational performance.The move comes amid rising cement demand driven by infrastructure development and rapid urbanisation across India. UltraTech expects cement demand to grow by 6–7 per cent in FY26 and forecasts a similar rise in its own performance.In FY25, the company added 26.3 million tonnes per annum (MTPA) of grey cement capacity through the acquis..

Birla Corp Gains 5 per cent Amid Strong Short-Term Momentum

Birla Corporation, a midcap player in the Cement & Cement Products sector, saw a notable rise of 5.19 per cent on 29 July 2025, outperforming its industry peers by 4.77 per cent. The stock’s two-day rally has delivered a total gain of 5.73 per cent, signalling strong short-term momentum.During the session, the stock touched an intraday high of Rs 1,503.15, marking a 4.86 per cent increase. It is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages—indicative of sustained bullish sentiment.In the broader market, the Sensex recovered from a weak start t..

Saurashtra Cement Jumps 9 per cent After Four-Day Losing Streak

Saurashtra Cement saw a sharp rise on 29 July 2025, gaining 9.16 per cent after four consecutive days of decline. The stock touched an intraday high of Rs 110.99, reflecting a peak gain of 9.21 per cent.Marked by significant intraday volatility of 6.71 per cent (based on weighted average price), the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages—signalling a bullish short-term trend.In broader market developments, the Sensex rebounded from a weak opening, recovering 717.70 points to trade at 81,337.95—a 0.55 per cent rise. Although the Sens..