Archive · 23 Jul 2025
Nomura Raises UltraTech Cement Target, Maintains Buy Rating
Imagine a company called UltraTech Cement, which makes cement.
A financial company called Nomura thinks this is a great company and is recommending people buy its stock.
Nomura believes the company will do even better with some new things they have bought.
The stock price went down a little bit recently, but overall, experts are optimistic about the company's future.
They predict the company will make more money and are raising their price target for the stock.
Nomura India increased its target price for UltraTech Cement to Rs 13,900, maintaining a 'Buy' rating.
UltraTech Cement's stock fell for the second straight day, down 0.7% to Rs 12,364.25 on BSE.
Nomura anticipates higher utilization and efficiency at acquired assets, supporting Ebitda per tonne expansion.
The brokerage expects a likely 3% decline in sequential Q2 cement realisations amid monsoon.
UltraTech reported a 49% YoY growth in consolidated net profit for the June quarter.
- Who
- Nomura India, UltraTech Cement.
- What
- Nomura India raised its target price for UltraTech Cement and maintained a 'Buy' rating.
- When
- The report was released recently and covers performance and outlook for the company.
- Where
- The stock is traded on BSE.
- Why
- Nomura expects higher utilization and efficiency at acquired assets, supporting Ebitda per tonne expansion.
Market Concerns
Nomura Outlook
Stock Performance
Market Concerns
Some investors may be concerned about the recent 0.7% drop in stock price.
Nomura Outlook
Nomura, however, maintains a Buy rating and raised target price showing long term positive outlook.
- Target Price (Nomura)
- Rs 13,900
- Stock Rating
- Buy
- Stock Price (recent)
- Rs 12,364.25
- Recent YoY Net Profit Growth
- 49%
- Q1 FY26 PAT
- Rs 2,226 crore
- EBITDA (Nomura Estimate)
- Rs 4,410 crore