ULTRACEMCO CMP 11464. ENTRY PRICE 10950, TARGET 12100, SL 10460.

ULTRACEMCO CMP 11464. ENTRY PRICE 10950, TARGET 12100, SL 10460.

The stock in an uptrend on the weekly chart. A best entry price could be at Rs.10950 with a strict SL below 12100 on weekly closing basis and the target price could be Rs.12100. The risk reward ratio is favorable.

JM Financial issued a Buy rating with a ₹13,500 target—over 17% upside while Nomura names UltraTech a top pick in the cement sector, citing improving spreads and sustainable cost savings.

Q1FY26 prices surged ~5%, with UltraTech among top buy picks, trading near ₹11,889 against a ₹13,900 target (~17% gain).

Q4 FY2025 sales volumes jumped 17% YoY. Company added 17.4 Mt/yr capacity; total global capacity ~188 Mt/yr. Now operates ~1.36 GW renewable capacity.

FY26 outlook: Targets double-digit volume growth, well ahead of sector’s 7–8%, leveraging acquisitions of India Cements and Kesoram cement assets.

UltraTech Cement is riding a strong momentum wave propelled by robust trading performance, upbeat institutional analyst calls, aggressive capacity expansion, improved cost efficiency, and significant strides in sustainability. This positions the company well to capture the anticipated cement sector recovery in FY26.

Company profile :

UltraTech Cement is the largest manufacturer of grey cement, ready mix concrete (RMC), and white cement in India. It is also among the top 3 cement producers globally (excluding China).

Geographic Presence

• Operations in India, UAE, Bahrain, Sri Lanka, and Bangladesh.
• 24 integrated plants, 27 grinding units, 8 bulk terminals, 6 white cement/putty plants
• Strong presence across over 100 countries through exports

Product Portfolio

• Grey Cement: Core product for residential, commercial, and infrastructure use
• Ready-Mix Concrete (RMC): Customized concrete solutions across urban markets
• White Cement (Birla White): Decorative and architectural applications
• Building Products: Waterproofing, wall care putty, tile adhesives, etc.
• Green Cement: “UltraTech Premium” and other low-carbon cement products.
• Entered Wires & Cables business (2025), investing ₹1,800 crore in a plant in Gujarat.