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Palak Jain

21st Jul · SEBI-Registered Analyst

$ULTRACEMCO t Share Price Target: Brokerages see up to 25% upside potential after strong Q1; stock jumps nearly 2%

UltraTech Cement Share Price: UltraTech Cement remained in focus after reporting a strong set of Q1 FY27 results, prompting multiple brokerages to reaffirm their bullish stance on the stock. Motilal Oswal Financial Services (MOFSL), Nuvama Institutional Equities and Centrum have all maintained their 'BUY' ratings, with target prices of Rs 13,800 (13.81 per cent upside potential), Rs 15,209 (25.43 per cent upside potential) and Rs 14,300 (17.94 per cent upside potential), respectively. The brokerages cited robust volume growth, resilient profitability, stable pricing, operational efficiencies and a healthy demand outlook driven by infrastructure spending and housing as key reasons for their optimism.

#IndexStrategies#Miscellaneous#EquityResearch#SectorBreakouts
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