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UltraTech Cement Limited: Update to credit analysis

Our credit view of this issuer reflects its favorable long-term demand prospects, offset by its high revenue concentration in India and exposure to the cyclical cement industry.

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of UltraTech Cement Limited and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 29 October 2024 in which we reassessed the appropriateness of the ratings in the c...

UltraTech Cement Limited: Acquisition of controlling stake in India Ce...

UltraTech will increase its stake in India Cements to 55% from 22.77% for $476 million. The acquisition will boost UltraTech's pan-India market share to 28% from 24%.

UltraTech Cement Limited: Update following rating affirmation, outlook...

Our credit view of this issuer reflects its conservative financial policies, against its high revenue concentration in India and exposure to the cyclical cement industry.

Moody's affirms UltraTech Cement's Baa3 ratings; outlook stable

Moody's Investors Service has affirmed UltraTech Cement Limited's (UltraTech) Baa3 issuer rating as well as its Baa3 senior unsecured rating. Moody's has also maintained the stable outlook. "The affirmation reflects UltraTech's solid balance sheet and substantially strong credit metrics for its Ba...

UltraTech Cement Limited: Update to credit analysis

Our credit view of this issuer reflects its conservative financial policies, offset by its exposure to potential changes in environmental regulations.

UltraTech Cement Limited: Update to credit analysis

Our credit view of this issuer reflects its conservative financial policies, offset by its exposure to potential changes in environmental regulations.

UltraTech Cement Limited: Update to credit analysis

Our credit view of UltraTech reflects the company's exposure to environmental risks that are somewhat mitigated by its strong financial profile.

UltraTech Cement Limited: Update following change in outlook to stable

Our credit view of this issuer reflects its conservative financial policies, offset by its exposure to potential changes in environmental regulations.

Moody's announces completion of a periodic review of ratings of UltraT...

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of UltraTech Cement Limited. Global Credit Research- 28 Jun 2021. Singapore, June 28, 2021-- Moody's Investors Service has completed a periodic review of the ratings of UltraTech Cement Limited and other ratings that are associated with the same analytical unit.

UltraTech Cement Limited: New issuer

Our credit view of UltraTech Cement reflecting its strong scale and market position in India balanced by limited geographic and product diversification.

Moody's assigns Baa3 ratings to UltraTech and its proposed senior unse...

Rating Action: Moody's assigns Baa3 ratings to UltraTech and its proposed senior unsecured notes; outlook negative. Global Credit Research- 04 Feb 2021. Singapore, February 04, 2021-- Moody's Investors Service has assigned a Baa3 FC issuer rating to UltraTech Cement Limited.

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