Ultra Tech Cement Share Price Target 2024 to 2030: Ultra Tech Cement, a major player in the Indian cement industry, has a robust financial track record and strong market presence. This article explores the projected share price targets for Ultra Tech Cement over the coming years, along with key factors influencing these targets.
Ultra Tech Cement Share Price History
Founded in 1983 and acquired by the Grasim Group in 2001, Ultra Tech Cement has established itself as a dominant force in the cement sector. Its share price has historically reflected strong performance, driven by consistent growth and a solid market position. Ultra Tech Cement Share Price Target 2024 Rs 10,386.03, 2025 Rs 11,663.05, 2026 Rs 12,707.70, 2027 13,952.09, 2028 Rs 15,103.10, 2029 Rs 16,307.00 To 2030 Rs 17,710.14
Ultra Tech Cement Share Price Today
Recent market trends show that Ultra Tech Cement’s share price has declined by approximately 100 points compared to its previous close. In the last 30 days, the stock has dropped over 300 points. However, analysts from Morgan Stanley have recommended buying Ultra Tech shares, anticipating a revival in infrastructure projects following recent elections. Ultra Tech Cement Share Price Target 2024 Rs 10,386.03, 2025 Rs 11,663.05, 2026 Rs 12,707.70, 2027 13,952.09, 2028 Rs 15,103.10, 2029 Rs 16,307.00 To 2030 Rs 17,710.14
Ultra Tech Cement Share Price Target 2024 To 2030 Forecast
Year | Maximum Target | Minimum Target |
2024 | | Rs 10,386.03 |
2025 | Rs 16,010.16 | Rs 11,663.05 |
2026 | Rs 20,534.20 | Rs 12,707.70 |
2027 | 24,658.00 | 13,952.09 |
2028 | Rs 28,780.32 | Rs 15,103.10 |
2029 | Rs 32,911.60 | Rs 16,307.00 |
2030 | Rs 37,100.36 | |
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Ultra Tech Cement Share Price Targets for 2024
Month | Maximum Target | Minimum Target |
November | Rs 11,862.62 | Rs 10,386.03 |
December | | Rs 10,490.68 |
Category: Stock Market
Ultra Tech Cement Share Price Targets for 2025
Month | Maximum Target | Minimum Target |
January | Rs 12,482.31 | Rs 10,550.20 |
February | Rs 12,824.90 | Rs 10,607.88 |
March | Rs 13,007.00 | Rs 10,712.06 |
April | Rs 13,319.75 | Rs 10,818.93 |
May | Rs 13,630.81 | |
June | Rs 13,941.26 | Rs 11,090.25 |
July | Rs 14,150.46 | Rs 11,179.45 |
August | Rs 14,460.77 | Rs 11,265.62 |
September | Rs 14,772.48 | Rs 11,396.80 |
October | Rs 15,082.25 | Rs 11,454.99 |
November | Rs 15,793.37 | Rs 11,558.53 |
December | Rs 16,010.16 | Rs 11,663.05 |
See More: M&M Share Price Target
Ultra Tech Cement Share Price Targets for 2026 to 2030
Year | Maximum Target | Minimum Target |
2026 | Rs 20,534.20 | Rs 12,707.70 |
2027 | Rs 24,658.00 | Rs 13,952.09 |
2028 | Rs 28,780.32 | Rs 15,103.10 |
2029 | Rs 32,911.60 | Rs 16,307.00 |
2030 | Rs 37,100.36 | |
Ultra Tech Cement Financials Overview for 2024
Metric | Value |
Revenue | Rs 709.08 B |
Operating Expense | Rs 308.99 B |
Net Income | Rs 70.05 B |
Net Profit Margin | 9.88% |
Earnings Per Share (EPS) | 241.03 |
Total Assets | |
Total Equity | Rs 602.83 B |
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Competitive Landscape
Company Name | Market Capitalization |
Ultra Tech Cement | Rs 326,252 Cr |
Ambuja Cement | Rs 143,476 Cr |
Shree Cements | Rs 87,665 Cr |
ACC | Rs 42,718 Cr |
Dalmia Bharat | |
Key Factors Impacting Ultra Tech Cement Share Price
The Indian cement industry is expected to experience a growth rate of 7-8% in FY 24-25. The market size is projected to reach over 5.99 billion tonnes by 2024, up from 3.96 billion tonnes in 2023. With substantial installed capacity growth anticipated, the cement sector presents lucrative investment opportunities.
See More: ACC Share Price Target
Ultra Tech Cement Net Worth and Financial Metrics
Metric | Value |
52 Week High-Low | Rs 12,138.00 – Rs 8,155.55 |
P/E Ratio | |
Dividend Yield | 0.62% |
