UltraTech Cement to acquire 26.18% stake in Sunsure Solarpark for ₹19.2 crore
News by Aliceblue News Desk
19 Mar 2026
Introduction
Leading cement company acquires 26.18% stake in Sunsure Solarpark Seven for ₹19.2 crore, boosting renewable energy capacity, lowering costs, and meeting regulatory captive power requirements in Uttar Pradesh.
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Share price movement of UltraTech
On March 19, 2026, UltraTech Cement Ltd opened at ₹11,198.55, down 0.43% from its previous close of ₹11,246.60. The stock reached a high of ₹11,198.55 and a low of ₹10,868.45. By midday, it traded at ₹10,958.26, with a market cap of ₹3,21,494.98 crore.
UltraTech Acquires Sunsure Solar Stake
UltraTech Cement has entered into agreements to acquire 26.18% equity in Sunsure Solarpark Seven Private Limited, a renewable energy company focused on solar power generation and transmission.
The acquisition, valued at ₹19.2 crore, will help UltraTech Cement meet its green energy requirements, optimise energy costs, and comply with regulatory captive power consumption obligations under electricity laws.
Sunsure Solarpark Seven operates a 60 MWp DC / 40 MW AC solar project in Charkhari, Uttar Pradesh, with integrated battery storage. The acquisition is expected to complete within 180 days.
Stock performance of UltraTech for period of 1 week, 6 months, and 1 year
UltraTech Cement delivered a 1-week return of 1.42%, a 6-month return of -10.1%, and a 1-year return of 2.87%.
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Ludhiana infrastructure projects
Shareholding pattern of UltraTech
| Particulars | Dec 2025 | Sep 2025 | Jun 2025 |
| Promoter | 59.30% | 59.20% | 59.20% |
| FII | 14.40% | 15.30% | 15.20% |
| DII | 18% | 17.20% | 17.40% |
| Public | 8.10% | 8.10% | 8.00% |
About UltraTech
UltraTech Cement Ltd (NSE: ULTRACEMCO) manufactures and sells cement and related products, serving domestic and global markets with a focus on construction and infrastructure industries.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change over time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is UltraTech’s share price rising today?
A: UltraTech Cement Ltd share price is rising today due to its recent acquisition of 26.18% equity in Sunsure Solarpark Seven
Q: What is UltraTech’s main business focus?
A: UltraTech Cement Ltd focuses on manufacturing and selling cement and cement-related products across India and global markets.
Q: What are the 52-week high and low of UltraTech stock?
A: UltraTech Cement Ltd stock has a 52-week high of ₹13,104.00 and a 52-week low of ₹10,579.55.
News Author
Aliceblue News Desk
