Markets ended the week on a strong note, with the Nifty 50 scaling a fresh 52-week high amid supportive global and domestic cues. Looking ahead, participants will react to the quarterly results of heavyweights Reliance Industries, HDFC Bank, and ICICI Bank in early trade on Monday, which could dictate market direction. “Technically, the Nifty’s prevailing … Read more
Aditya Birla Group company UltaTech Cements has released its results for the quarter ended September 2025, posting an impressive surge of 75.2% YoY to Rs 1,232 crore, while its net sales were up 21.3% YoY. The net sales were posted at Rs 19,371 crore in Q2FY26, versus Rs 15,967 crore in the same quarter last … Read more
Mumbai: Shares of cement companies have seen renewed buying interest in the past few weeks following a rise in prices, expectations of strong first quarter results despite the onset of monsoons, and an expected FY26 rebound from circumspect sales last year. Analysts said that even on the technical charts, some stocks indicate a breakout. Companies … Read more
Markets finally broke out of their five-week-long consolidation phase, supported by improving global sentiment, easing geopolitical tensions, and renewed buying interest from foreign institutional investors (FIIs) in the latter part of the week. The rebound followed a cautious start, with broader participation seen midweek as sentiment turned positive. Indices gained traction as concerns over Iran-Israel … Read more
“Look at companies like UltraTech Cement. They have performed very well, much better than market expectations. Yes, monsoon is not a time for cement, but in spite of that market is appreciating the performance of some of these large companies,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital.Give us a sense of what you have made … Read more
The Indian cement sector has shown notable resilience in recent months, with pricing trends remaining robust despite a generally subdued demand environment. As of May 2025, the all-India average cement price has risen by INR 5 per bag on a month-on-month basis and by INR 16 per bag quarter-to-date in the first quarter of FY26, … Read more
“The impact of that should be felt on demand and these stocks have fallen. The auto stocks have fallen reasonably, especially two wheelers and Bajaj Auto,” says Sandip Sabharwal, asksandipsabharwal.com. I wanted your view actually on Mahindra & Mahindra. The fact that they are expanding their portfolio as well with this sort of an acquisition … Read more
On the weekly timeframe, Ultratech Cement has successfully given a breakout above its all-time high, crossing the critical resistance zone of 12,130–12,150. This breakout signals strong bullish strength. Additionally, the moving averages have started trending upward, further confirming a bullish trend and reinforcing positive price action. From a momentum perspective, the RSI has broken out … Read more
Several brokerage firms have recently shared positive outlooks on prominent companies, highlighting potential growth opportunities and strategic advancements for the next 12 months. Investec, Jefferies, and Nuvama have maintained ‘Buy’ ratings on UltraTech Cement, Apollo Hospitals, and Crompton Greaves Consumer Electricals Ltd, respectively, signaling strong upside potential for each stock. We have collated a list … Read more
Cement major UltraTech Cement on Tuesday, February 25, 2025 announced a 1:52 share swap ratio for the acquisition of Kesoram Industries. The share swap comes as part of the composite scheme of arrangement between Kesoram Industries and UltraTech Cement and their respective shareholders and creditors. It becomes effective from March 1, 2025, a company filing … Read more