21-Oct-2026 07:30:31
ULTRACEMCOGeneral news
BOFA SECURITIES ON ULTRATECH CEMENT ; BUY | TP RAISED TO ₹13,900 FROM ₹13,400
• Q2 was broadly in line; management commentary on demand and pricing remains positive. • Industry demand outlook stays strong after ~8% growth in H1 and ~10% growth in Q2. • Elevated costs amid West Asia uncertainty could support a better pricing environment. • Recent price hikes and expectations of further improvement suggest EBITDA/MT may have bottomed.
ULTRATECH CEMENT LIMITED