UltraTech Cement Limited (NSE:ULTRACEMCO)
India
· Delayed Price · Currency is INR | Market Cap | 3.02T |
| Revenue (ttm) | 713.17B |
| Net Income (ttm) | 62.44B |
| Shares Out | 288.20M |
| EPS (ttm) | 216.46 |
| PE Ratio | 48.34 |
| Forward PE | 37.97 |
| Dividend | 70.00 (0.67%) |
| Ex-Dividend Date | Jul 30, 2024 |
| Volume | 279,362 |
| Average Volume | 420,171 |
| Open | 10,540 |
| Previous Close | 10,464 |
| Day's Range | 10,317 - 10,540 |
| 52-Week Range | 9,250 - 12,145 |
| Beta | 0.61 |
| RSI | 37.30 |
| Earnings Date | Apr 28, 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
Polycab shares down 6% from day’s high as brokerages cut target price amid UltraTech’s entry into cables & wires segment
Polycab India shares witnessed a decline of 6% from the day’s high after multiple brokerages revised their target prices downward, following UltraTech Cement’s strategic entry into the cables and wire...
UltraTech share price rises 3% as UBS highlights strategic cable & wire expansion
UltraTech Cement’s stock surged 2.67% to ₹10,398.95 following UBS’ positive outlook on its Cable & Wire (C&W) business strategy, which aims to leverage synergies with its core cement operations. Key H...
UBS cuts target price for KEI Industries and Polycab India after UltraTech Cement’s analyst call
UBS also weighed in on UltraTech’s strategic entry into the cables and wires segment, highlighting that the company aims to leverage synergies with its cement business rather than disrupt the broader ...
CLSA upgrades UltraTech Cement to Outperform, target raised to Rs 12,700
UltraTech Cement (UTCEM) has received a vote of confidence from CLSA, which has upgraded the stock to ‘Outperform’ from ‘Hold’ and raised the target price to ₹12,700 from ₹12,100. The brokerage believ...
Stocks to watch today: MOIL, Zen Technologies, Dalmia Bharat, NTPC, Ultratech Cement in industrial updates
The industrial sector saw major contract wins, business expansions, and project completions. Key Highlights MOIL: Implemented a price hike of 6.5%-10% (Positive). Zen Technologies: Completed the acqui...
Jefferies cuts target price for Polycab shares to Rs 6,485 amid UltraTech Cement’s foray into C&W
Jefferies has maintained a ‘Buy’ rating on Polycab, but has reduced its target price to ₹6,485 from ₹7,700, citing UltraTech Cement’s recent foray into the cables and wires (C&W) segment. Following Ul...
UltraTech Cement’s management confident on Cables and Wire foray but cement to remain core focus
The management is optimistic about the segment’s long-term profitability, targeting a Return on Capital Employed (RoCE) of over 20%, Internal Rate of Return (IRR) of around 25%, and an asset turnover ...
Nifty 50 top losers this week: Tech Mahindra, Wipro, UltraTech Cement, Tata Motors and more
India’s domestic equity markets, Sensex and Nifty 50, experienced their steepest decline in nearly five months on Friday, February 28, 2025, driven by foreign capital outflows and concerns over US tar...
UltraTech Cement share price: Investec maintains ‘buy’ rating with target price of Rs 12,450; sees unwarranted stock correction
Investec has maintained its ‘buy’ rating on UltraTech Cement stock with a target price of ₹12,450, stating that the market has overreacted to the company’s entry into the wire and cable segment. The b...
Nifty 50 top losers today on February 27: UltraTech Cement, Trent, Bajaj Auto, Tata Motors and more
Indian equity markets ended on a flat note today, with the Nifty 50 index settling at 22,545.05, down by just 2.50 points (0.01%). Meanwhile, the BSE Sensex managed a marginal gain, closing at 74,612....
Top Losers in Mid-Day Stock Market: KEI Industries fall 19%, Polycab down 16%, Varun Beverages fall 7.56%, Prestige Estates down 4.72%
Shares of KEI Industries, Polycab, Havells, and RR Kabel led the top losers list on February 27, as investors reacted negatively to UltraTech Cement’s ₹1,800 crore investment in the wires and cables (...
KEI Industries stock extend losses to nearly 20% as UltraTech Cement enters wires and cables market
Shares of KEI Industries Ltd plunged 19.62% to ₹3,052.85 on Tuesday following UltraTech Cement Limited’s foray into the wires and cables segment. The Aditya Birla Group’s flagship cement company annou...
RR Kabel shares fall 11% as UltraTech Cement’s entry into wires & cables segment
Shares of RR Kabel Ltd tanked up to 11% on February 27, reacting to UltraTech Cement’s announcement of its foray into the wires & cables (W&C) sector with a ₹1,800 crore investment over the next two y...
Havells India shares drop 8% as UltraTech Cement enters the wires & cables segment
Havells India’s stock fell nearly 8% on February 27, reacting to UltraTech Cement’s ₹1,800 crore investment in the wires & cables market. The move marks UltraTech’s diversification into a segment that...
UltraTech Cement shares decline 5% after company forays into Cables and Wires segment, street fears a ‘paints’ again moment
UltraTech Cement Limited, the flagship company of the Aditya Birla Group, has announced its expansion into the wires and cables segment with an investment of ₹1,800 crore. This move is aimed at streng...
KEI Industries shares plunge 9% as competition intensifies after UltraTech Cement’s foray in cables and wires
Shares of KEI Industries Ltd fell sharply by 10% to ₹3,418.10 in early trading on February 27, following UltraTech Cement Limited’s foray into the wires and cables segment. The Aditya Birla Group’s fl...
Polycab India shares drop 10% as competition intensifies after UltraTech Cement’s foray in cables and wires
Polycab India shares dropped 10% after UltraTech Cement Limited, a flagship company of the Aditya Birla Group, announced its entry into the wires and cables segment. This strategic move intensifies co...
UltraTech Cement likely to focus more on wires than cables, says CLSA
CLSA noted that the industry will need to grow at a 11-13% CAGR over the next 4-5 years to accommodate the increased competition and new capacities
Birla enters wires biz after Kesoram buy
UltraTech Cement, part of the Aditya Birla Group, is acquiring Kesoram Industries from the BK Birla Group with a share swap ratio of 1:52. This acquisition, effective from March 1, values Kesoram at R...
Havells, Polycab, KEI Industries shares to react to UltraTech Cement’s foray into cables and wire business
UltraTech Cement Limited, the flagship company of the Aditya Birla Group, has announced its foray into the wires and cables segment, marking a significant expansion beyond its core cement business. Th...
UltraTech Cement to enter wires and cables segment with Rs 1,800 crore investment
UltraTech Cement Limited, a flagship company of the Aditya Birla Group, has announced its expansion into the wires and cables segment as part of its strategy to strengthen its position as a comprehens...
Nifty 50 top losers today on February 18: IndusInd Bank, Trent, Britannia Industries, UltraTech Cement and more
On February 18, 2025, the Indian stock market witnessed a modest decline, with both the Nifty 50 and BSE Sensex closing in the red. The Nifty 50 index closed at 22,945.30, down by 14.20 points, or a d...
Morgan Stanley bullish on cement sector; maintains ‘Overweight’ on UltraTech, Ambuja
Morgan Stanley expects strong demand momentum in the cement industry to continue in the coming months, supporting sustained price hikes across the sector. The brokerage maintains a constructive medium...
Stocks in focus today on Feb 14: BPCL, HAL, and TCS sign key deals; Bharat Rasayan, IG Petro, Anupam Rasayan, and TCPL report robust profit growth; Hindalco, Nazara miss estimates
Bharat Rasayan, IG Petro, Anupam Rasayan, and Godfrey Phillips post strong earnings growth, while Hindalco, Nazara Technologies, and Deepak Nitrite deliver mixed results; UltraTech Cement expands capa...
UltraTech Cement commissions additional 0.6 MTPA grinding unit in Tamil Nadu
UltraTech Cement has announced the commissioning of an additional 0.6 MTPA slag-based grinding capacity at its existing unit in Karur, Tamil Nadu. This expansion follows the earlier commissioning of 2...