UltraTech Cement’s Rs 1,885 crore stake purchase in India Cements is expected to be mutually beneficial for both companies and would consolidate its position in South India at a time when the Adani Group’s acquisitive spree is intensifying competition between the two players.
Mazagon Dock Q4 Results: Cons PAT falls 51% YoY to Rs 325 crore; Rs 2.71 per share dividend announced
Mazagon Dock Shipbuilders reported a 51% year-on-year decline in its Q4FY25 consolidated net profit at Rs 325 crore versus Rs 663 crore posted in the