UltraTech Cement Limited
Axis Mutual Fund bought 30,211 shares of UltraTech Cement for ₹35.00 Cr at ₹11585.00 apiece in a block deal.
A leading cement manufacturer engaged in the production and distribution of cement and cement-related products across India and international markets. The company operates integrated cement plants equipped with modern technology and infrastructure to serve the construction, infrastructure, and industrial sectors. UltraTech maintains significant manufacturing capacity and operates an extensive distribution network across multiple regions to meet diverse customer requirements.
Subsidiary of Axis Bank, India's third-largest private sector bank. Manages over Rs 3.5 lakh crore in AUM. Built its brand on a quality growth equity philosophy with concentrated high-conviction portfolios. Flagship Axis Flexi Cap and Axis Bluechip funds are widely held among retail investors and drove significant AUM growth through the 2017-2021 bull cycle.