UltraTech Cement Limited (NSE: ULTRACEMCO)
India
· Delayed Price · Currency is INR | Market Cap | 3.31T |
| Revenue (ttm) | 713.17B |
| Net Income (ttm) | 62.44B |
| Shares Out | 288.20M |
| EPS (ttm) | 216.46 |
| PE Ratio | 53.07 |
| Forward PE | 39.00 |
| Dividend | 70.00 (0.61%) |
| Ex-Dividend Date | Jul 30, 2024 |
| Volume | 513,564 |
| Average Volume | 381,770 |
| Open | 11,545 |
| Previous Close | 11,479 |
| Day's Range | 10,798 - 11,787 |
| 52-Week Range | 9,250 - 12,145 |
| Beta | 0.60 |
| RSI | 57.61 |
| 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
UltraTech Cement seeks to acquire HeidelbergCement India; Report
UltraTech Cement, the largest cement manufacturer in India, is reportedly in talks to acquire HeidelbergCement India Ltd, a move that could further strengthen its market position. According to a Money...
Nifty 50 top gainers this week: Wipro, Kotak Mahindra Bank, UltraTech Cement, Britannia Industries and more
On January 24, the Indian stock market closed on a weak note as both benchmark indices, Sensex and Nifty, experienced a downturn. The Sensex dropped by 304.89 points (0.40%) to settle at 76,215.49, wh...
Citi raises target price for UltraTech Cement by 5%, projects up to 15% upside potential
Citi has maintained its ‘Buy’ rating on UltraTech Cement while raising the target price to ₹13,100 from ₹12,500, reflecting a potential upside of 15% from its current market price of ₹11,406.95. The b...
Bullish on UltraTech Cement: Macquarie highlights recovery prospects, raises target price by 7%, sees 11% upside potential from current levels
Macquarie has reiterated its bullish stance on UltraTech Cement, maintaining an ‘Outperform’ rating and raising its target price by 7% to ₹12,705. This reflects an 11% upside potential from its curren...
Equirus retains Long Call on UltraTech Cement, retains as top pick in sector
Equirus retains a ‘Long’ call on UltraTech Cement with a target price of ₹13,490, reiterating it as their top pick in the cement sector. The brokerage remains bullish on UltraTech’s robust cash flow g...
DAM Capital upgrades UltraTech Cement to Buy with revised target price of Rs 12,550
DAM Capital upgrades UltraTech Cement to ‘Buy,’ revising the target price to ₹12,550. The brokerage is optimistic about the structural growth in the Indian cement sector, driven by government infrastr...
Nuvama revises target price higher for UltraTech Cement to Rs 11,574 after Q3FY25 results
Nuvama maintains a ‘Hold’ rating on UltraTech Cement, revising the target price to ₹11,574. The brokerage has marginally raised FY25, FY26, and FY27 EBITDA estimates by 1% each, factoring in better de...
UltraTech Cement Q3 Results: Jefferies maintains Buy call with target price of Rs 13,265
Jefferies maintains a ‘Buy’ rating on UltraTech Cement with a target price of ₹13,265. The brokerage highlights an all-round recovery for the company in Q3FY25 and continues to position it as their to...
Most rated companies shielded against Re slide: Moody's
Moody's indicates that most Indian companies are shielded from rupee depreciation because of mitigating factors, whereas govt-owned oil marketing companies, Ola, and UltraTech Cement are adversely aff...
UltraTech Cement shares jump 6% as net profit surges 79% YoY in Q3 FY25
UltraTech Cement shares surged 6% following the announcement of impressive financial results for Q3 FY25. As of 2:33 PM, UltraTech Cement shares were trading 6.12% higher at Rs 11,348.00. The company ...
UltraTech Cement Q3 FY25 Results: Revenue up 3% YoY to Rs 17,193 crore, Net profit surges 79% YoY
UltraTech Cement Limited has announced its financial results for the third quarter of FY25, showcasing strong growth in revenue and profitability. The company continues to lead the cement industry wit...
UltraTech Cement shares rise 2% as Macquarie maintains ‘Outperform’ with target price of Rs 11,868
UltraTech Cement Ltd’s stock climbed by nearly 2% today, trading at ₹10,835, following Macquarie’s positive outlook for the cement sector. The brokerage emphasized expectations of a demand recovery an...
Cement Sector Update: Macquarie outlines industry outlook; UltraTech Cement top pick
Macquarie has shared its latest analysis of the cement sector, emphasizing an expected demand recovery and pricing improvements from the second half of CY24, which should drive margin expansion. The b...
Citi on UltraTech Cement: Star Cement acquisition to boost North East presence – Check out share price target
Citi has maintained its ‘Buy’ call on UltraTech Cement with a target price of ₹12,500, highlighting the strategic importance of the potential acquisition of the remaining stake in Star Cement. Key Tak...
Goldman Sachs maintains ‘buy’ rating on UltraTech Cement, expects 9% upside potential
Goldman Sachs has reiterated its “buy” rating on UltraTech Cement, setting a target price of ₹12,460. This indicates an upside potential of 9% from the current market price of ₹11,419.10. The brokerag...
Star Cement shares surge 6% as UltraTech Cement announces acquisition of 8.69% stake for Rs 851 crore
Shares of Star Cement Limited witnessed a sharp of nearly 5% rise following UltraTech Cement Limited’s announcement to acquire a significant non-controlling minority stake in the company. UltraTech Ce...
India Cements becomes subsidiary of UltraTech
UltraTech Cement has acquired a 55.5% stake in India Cements, making it a subsidiary. The acquisition adds 14.5 million tonnes of production capacity to UltraTech's portfolio. The deal, totaling Rs 3,...
UltraTech Cement acquires 26% stake in Clean Max Sapphire for Rs 45.77 crore
The acquisition, valued at ₹45.77 crore, will support UltraTech’s ongoing efforts to integrate sustainable energy solutions into its operations. The deal is structured through an Energy Supply Agreeme...
India Cements shares jump 10% as CCI approves Rs 7,000-crore UltraTech acquisition deal
Shares of India Cements surged nearly 11% on December 23 after the Competition Commission of India (CCI) approved UltraTech Cement’s acquisition of a majority stake in the company. This landmark ₹7,00...
Citi retains Buy call on UltraTech Cement after CCI approval for India Cements open offer
Citi retains a Buy rating on UltraTech Cement, setting a target price of ₹12,500.
CCI approves UltraTech Cement acquisition of India Cements
CHENNAI: Just a fortnight after the Competition Commission of India (CCI) issued notices to India Cements and UltraTech Cement over the acquisition de.
UltraTech Cement gets CCI's clearance to acquire majority stake in India Cements
Competition Commission of India (CCI) has approved UltraTech Cement's acquisition of a majority stake in India Cements. UltraTech will acquire a 32.72% stake from promoters and up to 26% through an op...
CCI approves UltraTech Cement’s acquisition of India Cements
The Competition Commission of India (CCI) has granted approval for UltraTech Cement Limited’s acquisition of India Cements Limited (ICL). This decision marks a significant step in UltraTech’s strategy...
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.