📰 ET Markets 📊 EARNINGS 🕒 21 Oct 2026, 09:25 AM IST

UltraTech Cement shares in focus as brokerages revise target prices after Q2 results. What Citi, Nomura, Jefferies say

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Core Development: UltraTech Cement shares in focus as brokerages revise target prices after Q2 results. What Citi, Nomura, Jefferies say

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Market & Financial Impact: UltraTech Cement’s Q2FY27 results prompted Nomura, Citi and Jefferies to revise their target prices for the stock. While Nomura and Citi cut their targets, Jefferies raised its estimate, with all three brokerages retaining Buy ratings. UltraTech reported a 21% year-on-year rise in quarterly profit to Rs 1,494 crore.

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Actionable Insight: 📊 Earnings Focus: Assess quarterly EBITDA margins, year-over-year revenue, and management guidance.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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UltraTech Cement shares in focus as brokerages revise target prices after Q2 results. What Citi, Nomura, Jefferies say

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