UltraTech Cement Limited (NSE: ULTRACEMCO)
India
· Delayed Price · Currency is INR | Market Cap | 3.29T |
| Revenue (ttm) | 708.63B |
| Net Income (ttm) | 65.52B |
| Shares Out | 288.19M |
| EPS (ttm) | 227.14 |
| PE Ratio | 50.29 |
| Forward PE | 42.49 |
| Dividend | 70.00 (0.61%) |
| Ex-Dividend Date | Jul 30, 2024 |
| Volume | 299,780 |
| Open | 11,665 |
| Previous Close | 11,671 |
| Day's Range | 11,398 - 11,748 |
| 52-Week Range | 9,250 - 12,145 |
| Beta | 0.52 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Jan 21, 2025 |
About UltraTech Cement
UltraTech Cement Limited, together with its subsidiaries, primarily engages in the manufacture and sale of clinker, cement, and related products in India. The company offers ordinary Portland, Portland pozzolana, composite, Portland slag, water-repellent, and white cement products; wall care putty, and specialty and ready-mix concretes; concrete blocks; and dry mix mortars, such as tile and marble binders, plasters and mortars, industrial and precision grouts, and flooring screeds, as well as repair and rehabilitation materials. It also provide... [Read more]
Financial Performance
In 2023, UltraTech Cement's revenue was 709.08 billion, an increase of 12.13% compared to the previous year's 632.40 billion. Earnings were 70.05 billion, an increase of 38.33%.
Financial StatementsNews
Prefer UltraTech, Shree Cement, Ambuja & Ramco Cements in the sector: Nomura
Nomura has provided an updated outlook on the cement sector, maintaining Buy ratings on UltraTech Cement, Shree Cement, Ambuja Cements, and Ramco Cements
CLSA positive on cement sector, prefers Ultratech Cement relatively
CLSA remains optimistic about the cement sector, particularly on a potential demand rebound in 2HFY25 and FY26, maintaining a selective preference for Ultratech Cement.
Nifty 50 top gainers today on December 2: UltraTech Cement, Apollo Hospitals and Grasim Industries lead the rally
On December 2, Indian equity markets ended on a strong note, with the Nifty 50 crossing the crucial 24,250 mark, while the Sensex gained 445.29 points, or 0.59%, closing at 80,248.08. The Nifty surged...
UltraTech Cement’s market cap rises by Rs 8,320 crore as shares gain nearly 3%
UltraTech Cement Limited witnessed a significant gain of 2.58% in its share price, closing at Rs 11,491.60. This rally resulted in an approximate market capitalization increase of Rs 8,320 crore, brin...
Nifty 50 top gainers this week: Power Grid, Mahindra, UltraTech Cement and more
After a challenging previous session, the Indian stock market roared back to life on Friday, with benchmarks Sensex and Nifty 50 posting significant gains. The Sensex surged 1,961 points (2.54%) to cl...
Nifty 50 top gainers today on 21 November: Power Grid, UltraTech Cement and Hindalco Industries lead the rally
Indian benchmark equity indices, Sensex and Nifty 50, experienced a downturn on Thursday, driven by a significant decline in Adani Group stocks. This was triggered by the indictment of Adani Group’s b...
UltraTech Cement Acquires Additional Stake in Ras Al Khaimah Co. for White Cement and Construction Materials for $22.02 Million
UltraTech Cement Limited, a prominent player in the cement industry and part of the Aditya Birla Group, has announced its acquisition of an additional 11.55% equity stake in Ras Al Khaimah Co. for Whi...
Stock Market news: UltraTech Cement, Shriram Finance among Nifty 50 top gainers today
The benchmark Nifty 50 and Sensex closed flat on Thursday, as consumer and auto stocks more than offset the gains in financial stocks. The Nifty fell 36 points to close at 24,399. The Sensex dropped 1...
Ambuja buys Orient Cement from CK Birla for 3,791 crore
Ambuja Cements, controlled by Gautam Adani, is set to acquire a 47% stake in Orient Cement from Chandra Kant Birla for Rs 3,791 crore. This move, along with an open offer for an additional 26% stake, ...
UltraTech Cement Ltd (BOM:532538) Q2 2025 Earnings Call Highlights: Strategic Expansion and ...
UltraTech Cement Ltd (BOM:532538) Q2 2025 Earnings Call Highlights: Strategic Expansion and Cost Efficiency Drive Growth
Goldman Sachs maintains buy on UltraTech Cement, cuts target price to Rs 11,720
Goldman Sachs has maintained its ‘Buy’ rating on UltraTech Cement but has lowered the target price to ₹11,720 from ₹12,430**, reflecting a slight reduction based on Q2 review results. Despite weak pro...
BoFA on UltraTech Cement: Maintains Buy; cuts target price to ₹12,300
Bank of America (BoFA) has maintained a ‘Buy’ rating on UltraTech Cement, while lowering its target price to ₹12,300 from ₹13,100, implying a potential upside from its current market price. BoFA belie...
Stock to watch today: Ultratech Cement net profit drops 36% YoY in Q2 FY25, revenue declines 2%
Ultratech Cement has reported a challenging performance for the second quarter of FY25, with declines in both revenue and profitability. The company’s net profit for Q2 FY25 fell by 36% year-on-year (...
Morgan Stanley maintains ‘Overweight’ rating on UltraTech Cement, sets target price at ₹13,620
Morgan Stanley has reiterated its ‘Overweight’ rating on UltraTech Cement with a target price of ₹13,620, reflecting a positive outlook despite Q2 EBITDA being below estimates. The brokerage believes ...
Nomura maintains ‘Buy’ rating on UltraTech Cement, sets target price at Rs 12,350
Nomura has maintained a ‘Buy’ rating on UltraTech Cement, with a target price of ₹12,350, based on expectations of improved margins and better EBITDA/t performance going forward. The brokerage noted t...
UltraTech Cement: Buy, Sell, or Hold? Here’s what brokerages are saying
With UltraTech Cement trading at ₹10,839, here’s a breakdown of the ratings from Morgan Stanley, CLSA, and Nomura: Morgan Stanley: Overweight, Target Price ₹13,620 (25% Upside) Morgan Stanley remains ...
UltraTech Cement Q2 profit at Rs 825.18 crore
UltraTech Cement Ltd announced its net profit for the September quarter at Rs 825.18 crore, down from Rs 1,280.38 crore last year. The comparison is impacted by acquiring a majority stake in UAE-based...
Ultratech Cement shares drop as Q2 FY25 net profit plunges 36%, revenue falls 2%
UltraTech Cement shares dropped today following the release of its second-quarter results for the fiscal year 2025 (Q2 FY25). The company’s financial performance reflected significant challenges, with...
Ultratech Cement Q2 FY25 results: Revenue declines 2.7% YoY to Rs 15,308 crore, net profit down 36% to Rs 820 crore
Ultratech Cement, an Aditya Birla Group company, announced its financial results for Q2 FY25, reporting a consolidated net sales figure of ₹15,308 crore, a 2.7% decline compared to ₹15,735 crore in th...
Ultratech Cement commissions additional 1.2 mtpa grinding capacity in Tamil Nadu
UltraTech Cement Limited has announced the commissioning of an additional 1.2 million tonnes per annum (mtpa) grinding capacity at its existing unit in Arakkonam, Tamil Nadu. This expansion is part of...
Sensex hits record high at 85,955 as Nifty gains, large caps outpace mid and small caps
On Friday, Indian equity benchmark indices BSE Sensex and Nifty50 maintained their upward momentum. Infosys, TCS, and Sun Pharma emerged as top gainers. Meanwhile, financial indices such as Nifty Bank...
TV advertising in news genre up in first half, driven by F&B
Television advertising in the news genre increased by 5% year-on-year during January-June, driven primarily by food and beverages. Cement emerged as the top category with Ultratech Cement leading. Hin...
Citi Bullish on UltraTech Cement, raises target to ₹13,000
Citi has maintained its “Buy” rating on UltraTech Cement and raised the target price to ₹13,000 per share. The brokerage’s optimistic outlook is based on several factors: Higher volumes: UltraTech is ...
UltraTech Cement raises $500 million million through sustainability-linked financing
UltraTech Cement ("UltraTech") has today announced that it has successfully raised $500 million through a sustainability-linked loan with participation from six banks.