UltraTech Cement shares in focus as Co to acquire Wonder WallCare for Rs 235 crore

UltraTech Cement plans to acquire Wonder WallCare for up to Rs 235 crore to expand its value-added product portfolio. The move strengthens its position in the putty market with a high-capacity plant in Rajasthan. The acquisition aligns with UltraTech’s broader strategy of capacity expansion, following recent stakes in Star Cement, India Cements, and Kesoram Industries.