UltraTech Cement stock: Nuvama raises target to INR 15,209.00 for UltraTech Cement stock
Published on 10/19/2026 at 15:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget and trading context
- On October 14, 2026, Nuvama raised its target from INR 14,502.00 to INR 15,209.00.
- For the first quarter of fiscal 2027, revenue was INR 246.48 billion and net income was INR 25.99 billion.
- UltraTech Cement stock was last at INR 10,650.00 on October 19, 2026 at 3:29 p.m. IST, down 2.36 percent versus the NSE prior close.
- The price-to-earnings ratio was 36.71 and market capitalization was INR 3.1 trillion on October 19, 2026.
UltraTech Cement (INE481G01011) has a Nuvama target of INR 15,209.00, up from INR 14,502.00, according to The Economic Times on October 14, 2026. At INR 10,650.00, the target stood 42.81 percent above the October 19 price.
Last at INR 10,650.00 on the NSE on October 19, 2026 at 3:29 p.m. IST, the stock was down 2.36 percent versus the NSE prior close of INR 10,907.00.
First-quarter revenue reached INR 246.48 billion
UltraTech Cement reported revenue of INR 246.48 billion for the first quarter of fiscal 2027, up 16.00 percent from the year-ago quarter. Net income reached INR 25.99 billion, a 17.00 percent increase from INR 22.26 billion in the same period. The Economic Times reported the figures on October 14, 2026.
The quarter also included a planned investment of INR 18.00 billion in the wires and cables business. The company had committed INR 8.88 billion by June 2026, according to the same October 14, 2026 report from The Economic Times.
The stock sits 3.15 percent above its low
The October 19 NSE price of INR 10,650.00 stood 3.15 percent above the 52-week low of INR 10,325.00 and 18.76 percent below the 52-week high of INR 13,110.00. Trading volume reached 609,123 shares against an average of 276,548 shares, while the price-to-earnings ratio was 36.71.
Valuation and reporting calendar
Market capitalization was INR 3.1 trillion on October 19, 2026. UltraTech Cement's investor calendar places financial reporting for the half year ending September 30, 2026, at the end of October 2026, according to the UltraTech Cement investor center.
Comparison with peers
UltraTech Cement (NSE, INR): minus 2.36 percent, price-to-earnings ratio 36.71, market capitalization INR 3.1 trillion.
Ambuja Cements (NSE, INR): plus 0.51 percent, price-to-earnings ratio 20.49, market capitalization INR 899.1 billion.
Shree Cement (NSE, INR): minus 0.76 percent, price-to-earnings ratio 49.34, market capitalization INR 804.2 billion.
Target distance remains the key measure
Nuvama's INR 15,209.00 target is 42.81 percent above the October 19 NSE price. The comparison places the analyst target against both the latest reported results and the current valuation, without changing the stock's daily market position.
Market context: Market report BSE Sensex.
