"India Cements: अल्ट्राटेक की साझेदारी से शुरू हुआ Revival – ₹400 के स्तर से मज़बूत बढ़त को मिला सहारा!"

Executive Summary

INDIACEM shows strong 3-day buying momentum (+5-6%) with bullish technicals (all MAs Strong Buy, RSI 55 Buy, MACD +2.06 Buy), trading above key 25/50-DMA supports. UltraTech acquisition synergies driving Q1 FY26 EBITDA positivity (₹92 Cr), debt down 55%. Potential 15-20% upside to ₹480-500 if momentum sustains. Critical Levels: Immediate Support: ₹389-395 (25-DMA + pivot) Major Support: ₹355-361 (50-DMA zone)Resistance: ₹413 (52W high), ₹440-450 (extension) Upside Targets: ₹480 (Fib 1.618), ₹500 (psychological) Technical Outlook: 15-20% upside potential to ₹480-500 if holds above ₹395. 3-day momentum suggests institutional accumulation post UltraTech integration. Positive Catalysts: UltraTech Acquisition: Operational synergies, ₹1,500 Cr plant upgrades Q1 EBITDA Positive: First profitability in quarters Volume Growth: +11.6% YoY domestic sales Debt Reduction: 55% deleveraging complete Upcoming Events & Catalysts Q2 FY26 Results (~Jan 2026): EBITDA sustainability, volume growth Plant Upgrade Progress: ₹1,500 Cr capex timeline Board Meetings: Oct 17 updates, EGM outcomes Cement Expo 2025: Nov 12-13 networking