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UltraTech Cement's shares rose 4% on strong quarterly profits and revenue growth, backed by positive analyst ratings.
UltraTech Cement's shares rose nearly 4% after reporting a 27% year-on-year increase in third-quarter net profit to Rs 1,729 crore and a 23% revenue jump to Rs 21,830 crore for fiscal year 2026.
Brokerages including Goldman Sachs, ICICI Direct, and Choice Institutional Equities maintained positive ratings, citing strong execution, capacity expansion, cost management, and rising green power usage.
The stock reached a daily high of Rs 12,829.40, with analysts projecting sustained earnings growth and up to 20% upside.
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Las acciones de UltraTech Cement subieron un 4% debido a los fuertes beneficios trimestrales y al crecimiento de los ingresos, respaldados por calificaciones positivas de los analistas.