Stock to buy: UltraTech Cement's foray into the wires and cables business is likely to boost the company's revenue growth in the coming years. HDFC Securities has raised UltraTech Cement target price.
2 min read8 Sep 2026UltraTech challenged the Competition Commission of India’s decision before the high court, arguing that Builders Association of India should not have been made a party because it was only an informant.
3 min read8 Sep 2026Shares of KEI Industries, RR Kabel and Polycab India plummeted 5-8% in Friday’s early session, while UltraTech’s stock was marginally up, by 0.5%.
3 min read4 Sep 2026Housed under the group’s cement unit UltraTech, the new business, named UltraVolt, aims to become one of India’s top two wires and cables players within five years, according to group chair Kumar Mangalam Birla.
3 min read3 Sep 2026Ultravolt, which is preparing for a nationwide rollout across more than 100,000 retailers, aims to become India’s second-largest player in the wires segment within five years.
1 min read3 Sep 2026UltraTech gained market share and kept Ebitda per tonne above ₹1,200 despite higher costs, but monsoon-led demand softness and fuel inflation could weigh on margins in Q2.
2 min read21 Jul 2026Robust cement demand, double-digit volume growth, contributions from acquired businesses, and disciplined cost management helped India’s largest cement maker offset higher fuel and freight costs.
1 min read20 Jul 2026In Q1FY27, UltraTech Cement's net profit surged 16.77% year-on-year to ₹2,599.28 crore, driven by operational efficiencies and market execution. Revenue grew 15.8% to ₹24,648 crore, while capacity utilisation stood at 81%, indicating strong demand in the construction sector.
2 min read20 Jul 2026JK Cement has showcased remarkable growth with a 13% year-on-year increase in grey cement volumes for Q4FY26, surpassing the industry average. The company's expansion in central and eastern India is a key driver for its success. However, rising costs pose challenges ahead.
1 min read26 May 2026Indian cement companies are under pressure from rising fuel, freight and packaging costs linked to the West Asia conflict, prompting a shift towards fuel substitution, long-term sourcing and efficiency measures.
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