UltraTech Cement

UltraTech, Shree Cement Lead Gains; NBFCs Rise 1-3%

UltraTech and Shree Cements led gains in the cement sector. NBFCs like Shriram Finance, Bajaj Finance, and Cholamandalam rose 1-3%. Source: ScoutQuest

Jefferies Sets ₹14,065 Target for UltraTech Cement; Sees Strong Demand & Growth

Jefferies maintains Buy on UltraTech Cement with ₹14,065 target, citing strong demand and 7–8% industry growth. Upside potential seen in volume growth, market-share gains, price hikes, and improved ROCE through operating leverage. Source: Livesquawk

UltraTech Cement : Jefferies on UltraTech Cement Maintains Buy with Target Price of ₹14,065 as stronger-than-expected cement demand supports 7-8% industry growth over the next 3-5 years, while double-digit volume growth, market-share gains, price hikes and operating leverage could improve ROCE and earnings.

UltraTech: JPMorgan on UltraTech Cement Overweight, as UTCEM is the only OW-rated Indian cement stock; despite premium EV/EBITDA valuation and recent outperformance, its premium is supported by superior RoE/EPS growth, lowest historical EBITDA volatility, pan-India scale and significant near-term capacity additions, which should sustain operational advantages and valuation premium.

Cement Majors Plan ₹13,000 Cr Green-power Push To Cut Energy Costs And Boost Margins By Up To 160 Bps - Newspaper ( Ultratech, Ambuja, Dalmia Bharat )

UltraTech Gains 0.47%, Launches ₹1,800 Cr Ultravolt Wires Biz

UltraTech Cement shares rise 0.47% to ₹11,328 after launching Ultravolt wires and cables business with ₹1,800 crore investment. Company plans to scale its EV truck fleet to 600+ by Dec 2026, aiming to reduce CO₂ by 1,17,000 tonnes annually. Source: The Hindu Business Line

Ultratech Cement: Jefferies on Ultratech Cement Maintains Buy with Target Price of ₹14,065 as Ultravolt marks an aggressive entry into wires and low-tension cables with a top-2 ambition within five years, potentially contributing 3–7% of FY30E revenue/EBITDA at scale.

Ultratech Cement: Morgan Stanley on Ultratech Cement Maintains Overweight with Target Price of ₹14,700 as Ultravolt wires & cables launched ahead of schedule with 1.1mn km capacity, pan-India rollout planned across 500+ districts and 6,000+ pincodes, and a top-2 ambition within five years, indicating strong execution.

Morgan Stanley Targets ₹14,700 for UltraTech; Retains Overweight

Morgan Stanley retains overweight on UltraTech, target ₹14,700/share. Ultravolt business launched early; ₹890 cr spent of ₹1,800 cr budget by June. Source: ScoutQuest

Ultratech: Company Signs Service Deals With Top EV Prime Mover Makers Like Tata Motors And Ashok Leyland.

Ultratech Cement: Plans to Boost Supply Chain with Over 600 Electric Trucks by December 2026; Aiming to Transport 5 Million MT of Clinker Yearly; Expected CO₂ Emissions Cut of Over 117,000 Tonnes Annually.

UltraTech to Add 600+ EV Trucks by 2026, Cutting CO₂ by 1.17L Tonnes

UltraTech Cement plans to deploy 600+ EV trucks by Dec 2026, reducing 1,17,000 tonnes of CO₂ annually. Fleet will transport 5M MT materials, displacing 39M litres of diesel yearly across multiple states. Source: BSE

Block Deals to Hit ₹4L Cr by 2026 Despite Nifty Dip

India's block and bulk deal market approaches ₹4 lakh crore in 2026, despite Nifty 50's 7% decline, supported by strong institutional liquidity. Major deals include Adani Ports' ₹7,486 crore divestment, Vishal Mega Mart's ₹5,091 crore stake sale, and UltraTech Cement's ₹2,896 crore transaction. Source: CNBC TV 18

Cement Stocks Gain Up to 5%; Analysts See Margin Recovery by H2FY27

Cement shares rallied, with Ramco, Dalmia Bharat, Shree, JK, ACC gaining up to 5%. Nifty Cement index rose 1.3% amid subdued market. UltraTech, JK Cement, and Shree Cement forecast double-digit growth; analysts expect margins to recover in H2FY27 despite current cost pressures. Source: Business Standard