UltraTech up 3% post Q2; Jefferies says cement price recovery key catalyst
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓UltraTech Cement shares rose 2.9 per cent on Wednesday after the company reported its Q2FY27 results.
- ✓Net profit grew 21.3 per cent to ₹1,493.77 crore for the quarter ended September 30, 2026.
- ✓Jefferies said, "A sustained recovery in cement pricing remains the key catalyst for the stock," keeping it positive.
Story at a Glance
- Category
- MARKET
- Reported By
- Business Standard
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
UltraTech Cement Q2 results review: The country's largest cement maker, UltraTech Cement, reported its Q2FY27 results on Monday, delivering a strong performance for the July-September quarter (Q2FY27), analysts noted.
The company's counter gained on Wednesday. At 10:38 AM, UltraTech Cement's share price was trading 1.81 per cent higher at ₹10,845 per share on NSE. In comparison, Nifty 50 was up 0.34 per cent at 22,967.60. In intraday trade, the stock gained 2.9 per cent to touch the day's high at ₹10,959 per share.
UltraTech Cement Q2 results highlights:
* UltraTech Cement's consolidated net profit attributable to owners of the parent rose 21.3 per cent year-on-year to ₹1,493.77 crore in the quarter ended September 30, 2026, from ₹1,231.58 crore.
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