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The company’s entry into the wires and cables market is expected to intensify competition in the sector. A domestic brokerage estimated that UltraTech could achieve a 5%-7% market share by FY31, while another brokerage cautioned that the aggressive expansion could result in a near-term de-rating for the wires and cables sector.
Shares of major industry players came under pressure following the development. RR Kabel declined 8.92%, KEI Industries fell 7.79% and Polycab shed 6.40%.
Ultravolt’s operations will be anchored by a new manufacturing facility at Jhagadia in Bharuch district, Gujarat. The facility’s strategic location is expected to support efficient distribution and logistics, enabling the company to serve markets across India.
UltraTech’s latest venture expands its participation in the construction ecosystem beyond grey cement, ready-mix concrete, building products and white cement. The move is aligned with the company’s broader Building Solutions strategy and provides an opportunity to tap into rising demand from home construction, infrastructure development and electrification.
Kumar Mangalam Birla, chairman, Aditya Birla Group said, “Wires and cables are becoming central to India's next phase of development. They sit at the intersection of three mega trends in the Indian economy – urbanization, electrification and digitization. More than 100 million new homes over the next decade, expanding energy infrastructure, and the rapid rise of data centers are poised to fuel a boom in the category. Our distinctive advantage comes from a deep understanding of the product, its underlying components and the adjacent ecosystems”.
Dilip Gaur, Director, Ultravolt said, “We are venturing at pan India scale rather than testing the market region by region. Our plan is to reach more than one lakh retailers and further activate availability through over 5,000 UltraTech Building Solutions (UBS) outlets. An ambitious rollout across more than 500 districts and 6,000 pin codes to begin with, reinforces our commitment to growth and innovation. Our state-of-the-art manufacturing facility, network of more than 20 warehouses, extensive channel connects coupled with UltraTech’s deep relationships with individual home builders, contractors, real-estate developers and EPC companies, and a pan-India distribution footprint gives us a strong platform to scale. Our aim is to build ambitiously through quality, technology, service and channel partnership.”
UltraTech Cement is the cement flagship company of the Aditya Birla Group. It is the third-largest cement producer in the world, outside of China, with a consolidated grey cement capacity of 205.5. mtpa.
The company’s consolidated net profit jumped 16.77% to Rs 2,599.28 crore in Q1 FY27 from Rs 2,225.90 crore in Q1 FY26. Revenue from operations climbed 15.85% YoY to Rs 24,648 crore in Q1 FY27.
UltraTech Cement announced today that it will scale up its electric vehicle fleet in its logistics operations to 600+ EV trucks by December 2026.
UltraTech has signed service contracts with leading EV prime mover manufacturers including Tata Motors, Ashok Leyland, IPLTech, Energy in Motion and Sany along with their subsidiaries and other third-party logistic providers to deploy EV trucks.
The total fleet of 600+ EV trucks will transport about five million MT of clinker and other key materials per annum across Gujarat, Uttar Pradesh, Madhya Pradesh, Rajasthan, Chhattisgarh, Maharashtra and Odisha. Once fully operational, this fleet of over 600 EV trucks will enable a net annual CO©ü reduction of more than 1,17,000 tonnes, displacing the equivalent of 39 million litres of diesel per year.
Astral Ltd, Cyient Ltd, Sun TV Network Ltd, Sarda Energy & Minerals Ltd are among the other stocks to see a surge in volumes on BSE today, 13 August 2026.
UltraTech Cement Ltd recorded volume of 25.12 lakh shares by 10:45 IST on BSE, a 181.44 times surge over two-week average daily volume of 13845 shares. The stock lost 1.84% to Rs.11,617.95. Volumes stood at 15399 shares in the last session.
Astral Ltd registered volume of 4.4 lakh shares by 10:45 IST on BSE, a 25.73 fold spurt over two-week average daily volume of 17104 shares. The stock rose 7.27% to Rs.1,565.00. Volumes stood at 10685 shares in the last session.
Cyient Ltd notched up volume of 4.16 lakh shares by 10:45 IST on BSE, a 22.02 fold spurt over two-week average daily volume of 18896 shares. The stock rose 2.91% to Rs.864.55. Volumes stood at 12927 shares in the last session.
Sun TV Network Ltd clocked volume of 1.95 lakh shares by 10:45 IST on BSE, a 16.26 times surge over two-week average daily volume of 12007 shares. The stock gained 3.91% to Rs.497.10. Volumes stood at 17321 shares in the last session.
Sarda Energy & Minerals Ltd registered volume of 4.22 lakh shares by 10:45 IST on BSE, a 10.96 fold spurt over two-week average daily volume of 38501 shares. The stock rose 10.27% to Rs.539.75. Volumes stood at 15015 shares in the last session.