UltraTech Cement on Saturday announced an investment of Rs 10,255 crore, which will expand its production capacity by 22.8 MTPA in the segment, which is witnessing a consolidation
Stocks to Watch, 20 October: Stocks like Reliance Industries, HDFC Bank, ICICI Bank, UltraTech Cement, IndusInd Bank, Punjab National Bank, IDBI Bank, RBL Bank, Yes Bank, Federal Bank, Bank Of India, L&T Technology Services, Sobha, Dixon Technologies, Havells India, nad JSW Energy will be in focus on October 20.
While the company's previous organic capacity addition, and acquisitions, were centred around the southern and eastern markets, it has now definitively pivoted to the northern and western markets in its expansion drive
UltraTech Cement and Dalmia could be key beneficiaries owing to their cost leadership and strong balance sheets
According to CLSA, the outlook for cement stocks has become more positive due to expectations of higher profitability, supported by pricing discipline and the removal of the coal cess
HSBC expects demand recovery in the sector from the second half of FY26 as government spending will likely boost annual demand growth and sees rise in prices from November onwards
Motilal Oswal is bullish on UltraTech Cement recommended buy rating on the stock with a target price of Rs 15,200 in its research report dated September 09, 2025.
Emkay Global Financial is bullish on UltraTech Cement has recommended buy rating on the stock with a target price of Rs 14,700 in its research report dated September 01, 2025.
UltraTech Cement launched OFS today to sell up to 2.01 crore equity shares (equivalent to 6.49 percent of paid-up equity) in its subsidiary India Cements, of its total shareholding of 81.49 percent (as of June 2025).
The floor price for the stake sale has been set at Rs 368 per share and the offer window will remain open from August 21 to August 22.
Stocks to Watch, 21 August: Stocks like Clean Science and Technology, Shanti Gold International, India Cements, RailTel Corporation of India, Jupiter Wagons, V-Guard Industries, Fortis Healthcare, Innova Captab, Poly Medicure, Enviro Infra Engineers, and Prostarm info Systems will be in focus on August 21.
Possible GST cut from 28% to 18% adds fuel to an already hot cement trade, with analysts eyeing demand boost, fatter margins, and sector re-rating
Deven Choksey is bullish on UltraTech Cement has recommended buy rating on the stock with a target price of Rs 14,299 in its research report dated July 24, 2025.
Motilal Oswal is bullish on UltraTech Cement recommended buy rating on the stock with a target price of Rs 14,600 in its research report dated July 21, 2025.
Net Sales are expected to increase by 16.5 percent Y-o-Y (down 3.4 percent Q-o-Q) to Rs. 20,423.5 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher recommended accumulate rating on Ultratech Cement with a target price of Rs 13,634 in its research report dated July 22, 2025.
ICICI Securities is bullish on UltraTech Cement recommended buy rating on the stock with a target price of Rs 14,600 in its research report dated July 22, 2025.
Cement demand in FY26 is projected to be positive, with an anticipated 6-8 percent YoY growth, fuelled by a rebound in the infrastructure and housing sectors.
The projects under the capital expenditure programme will primarily focus on efficiency measures, particularly in energy consumption, with the ultimate goal of enabling India Cements to meet most of its power requirements through renewable energy or waste heat recovery systems.
UltraTech Cement on Monday reported an 18% growth in its consolidated revenue, driven by price increases and volume improvement
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