<ul><li>UltraTech Cement's share price snapped a five-day losing streak as it received an unconditional approval from the Competition Commission of India to acquire stakes in India Cements Ltd.</li><li>After the acquisition, UltraTech Cement's total holding in India Cements Ltd. will be 55.5%.</li><li>Citi Research maintained its 'Buy' rating on UltraTech Cement's stock with a target price of Rs 12,500 per share.</li><li>UltraTech Cement's share price rose 1.40% to Rs 11,582.45 apiece, the highest level since December 20.</li></ul>

UltraTech Cement Share Price Snaps Five-Day Fall On CCI's Nod To Acquire Stake In India Cements

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