UltraTech Cement tanks 5% from day's high post Q2 results; key details
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓UltraTech Cement shares fell 5.3 percent from the day’s high on Monday after the company reported Q2 results.
- ✓While net profit grew 21.3 percent to ₹1,493.50 crore, the stock price dropped.
- ✓Research analyst Akshay Shetty said, "This came from new plants, a wider market reach and more sales of premium products."
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- MARKET
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- Business Standard
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- 3 Minute(s)
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- India Economy
UltraTech Cement on Monday reported a 21.3% surge in Q2 consolidated net profit, backed by 18.8% growth in revenue from operations.
UltraTech Cement net profit grew by 21.3% YoY to ₹1,493.501.38 crore in Q2FY27. (Photo: Reuters)
Rex Cano Mumbai
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UltraTech Cement's share price reversed gains, and tumbled to a low of ₹10,626 - down 5.3 per cent from the day's high of ₹11,219 on Monday after the cement major reported its Q2 earnings. At current levels, the stock is trading close to its 52-week low of ₹10,325 hit on March 23, 2026. The stock registered its 52-week high at ₹13,110 on February 10, 2026. At 2:20 PM, UltraTech Cement traded with a loss of 1.9 per cent at ₹10,702 on trades of around 4.77 lakh shares on the NSE. Meanwhile, the Nifty 50 was down 1.2 per cent at 22,863.
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