Should I buy UltraTech Cement stock in 2025?

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At HelloSafe, our expert has been closely monitoring the performance of UltraTech Cement for more than three years. Each month, hundreds of thousands of users across India rely on us to interpret market trends and highlight the top investment opportunities. Please note, our analyses are provided for informational purposes only and should not be regarded as investment advice. In line with our ethical charter, we have never received, and will never accept, any compensation from UltraTech Cement.

What is UltraTech Cement?

How much is UltraTech Cement stock?

The price of UltraTech Cement stock is rising this week. As of now, the stock trades at ₹11,670.00, reflecting a daily increase of ₹26.00 (+0.22%), though it is down 3.67% over the past week. With a market capitalisation of ₹343,890 crore, UltraTech Cement averages a daily volume of 297,307 shares over the last three months.

The stock’s beta is 1.06, indicating slightly higher volatility than the broader market. Investors should note the elevated valuation and moderate volatility while considering its long-term market leadership and growth prospects.

Our full analysis on UltraTech Cement stock

We have thoroughly reviewed UltraTech Cement’s latest financial disclosure and evaluated its stock performance over the previous three years by leveraging a proprietary blend of quantitative and qualitative analytics—including financial ratios, technical indicators, sector perspectives, and competitive benchmarking. Synthesizing this mosaic of data points, UltraTech’s current operating momentum and price behavior stand out amid macro and micro catalysts defining India’s cement sector. So, why might UltraTech Cement stock once again become a strategic entry point into the construction materials space in 2025?

Recent Performance and Market Context

UltraTech Cement has exhibited notable resilience and outperformance despite broader volatility in the construction materials segment. As of May 5, 2025, the stock trades at ₹11,670.00 per share, reflecting an 18.88% gain over the last 12 months and a modest +2.13% advance in the past six months. While the last week saw a -3.67% pullback—primarily linked to short-term profit-taking and sector rotation—the underlying trajectory remains decisively positive. This momentum is supported by strong Q4 FY25 results, which saw revenue advance 12.95% year-on-year to ₹23,063.32 crore, outpacing analyst consensus and reinforcing UltraTech's top-line growth narrative.

Several positive corporate developments have underscored this trajectory: UltraTech recently declared a final dividend of ₹77.50 per share (up from ₹70 in FY24), announced robust new cement capacity additions, and demonstrated seamless integration of strategic acquisitions. These events collectively affirm management’s commitment to growth, cash return, and operational excellence.

On the macro front, UltraTech’s prospects are underpinned by India’s robust infrastructure cycle and renewed government spending on roads, housing, and municipal projects—all of which are forecast to catalyze cement demand into FY26. The company’s pan-India manufacturing footprint and capacity expansion program position it to benefit from these secular tailwinds, further cushioning it from cyclical softness relative to peers.

Technical Analysis

• Relative Strength Index (RSI-14): Currently at 40.5, the RSI is in neutral territory yet edging toward an oversold condition, frequently interpreted as early-stage positioning for a potential bullish reversal.
• MACD (12,26,9): Reads -62.67, highlighting short-term bearish momentum. This can often precede a medium-term reaccumulation phase, especially when underlying fundamentals remain sound.
• Moving Averages:
• Trading just above the 200-day moving average (₹11,561.84)—a classic sign of long-term upward bias.
• Pricing is currently below 50-day (₹11,902.96) and 100-day (₹11,843.36) moving averages, which could signal consolidation and present an attractive entry opportunity for investors anticipating a return to upward momentum.
• Support/Resistance: Strong technical support is observed at the ₹11,500 zone, while the 52-week high at ₹12,339 forms a logical resistance. The market’s ability to sustain above the 200-day moving average while holding this major support lends credence to the resilience of the current uptrend.

Given these indicators, UltraTech appears well-poised for a technical rebound, especially on signs of renewed sector inflows or fresh bullish catalysts.

Fundamental Analysis

• Revenue and Profitability: The Q4 FY25 revenue growth of 12.95% YoY to ₹23,063.32 crore coupled with a 10% YoY rise in net profit to ₹2,482.04 crore underscores operating leverage and robust market dynamics.
• EPS and Dividend: An EPS of ₹84.23 for the quarter and the upward revision in the dividend highlight strong cash flow generation and management’s focus on shareholder returns.
• Expansion Strategies: With a total installed capacity now exceeding 190.16 mtpa, UltraTech solidifies its 22% domestic market share and reinforces its status as India’s undisputed industry leader and the world’s third-largest cement producer outside China.
• Valuation: The stock commands a P/E ratio of 53.19—above the sector average (39.56)—a premium that analysts typically reserve for companies possessing exceptional return profiles, scale advantages, and a high degree of earnings predictability. The consensus analyst target of ₹13,343.36 implies a 14% upside from current levels, suggesting valuation remains justifiable given projected 7–9% annualized revenue growth and anticipated double-digit volume expansion.
• Structural Advantages: UltraTech’s entrenched national brand, vertical integration, and cost leadership create durable competitive moats, fostering margin resilience even amid raw material inflation.

Collectively, these fundamentals justify renewed investor interest and position UltraTech as a secular growth story aligned with India’s multi-year infrastructure ambitions.

Volume and Liquidity

• Trading Volume: The stock averages a robust 297,307 shares per day (3-month average), a testament to deep market interest and strong institutional participation.
• Market Capitalization: At ₹343,890 crore (~$41.3 billion), UltraTech’s inclusion in major benchmarks (BSE Sensex, Nifty 50) enhances its responsiveness to index flows and facilitates ready price discovery for both retail and institutional participants.
• Float Structure: With nearly 40% of shares held by non-promoter entities, including significant domestic and foreign institutional ownership, the stock maintains an optimal balance of liquidity and holder conviction, a dynamic that is generally favorable for medium-term price appreciation and dynamic valuations.

This underlying market confidence further supports the case for incremental capital allocation to UltraTech at current levels.

Catalysts and Positive Outlook

• Expansionary Capex: The announced ₹9,000 crore capex for further capacity ramp-up illustrates management’s unambiguous commitment to reinforcing market leadership and capturing incremental demand.
• Volume Growth Forecast: Management’s guidance for double-digit volume expansion in FY26 underscores operational optimism and improving sectoral tailwinds.
• Government Infrastructure Push: With India’s policymakers maintaining an aggressive infrastructure agenda, UltraTech’s unparalleled distribution network and manufacturing base leave it optimally positioned to service accelerating project pipelines.
• Acquisition Integration & Technology: The successful assimilation of recent acquisitions, combined with ongoing digitalization and automation initiatives, augurs well for both top-line synergies and margin improvements.
• ESG and Sustainability: UltraTech continues to invest in alternative fuels, renewable energy, and sustainable production methods—initiatives which are increasingly rewarded by both institutional investors and forward-looking procurement contracts.

These catalysts, in concert with a predominantly bullish analyst consensus (63% "Buy", 23% "Outperform"), lay the groundwork for potentially outsized returns as sector momentum intensifies.

Investment Strategies

• Short-term: With the RSI nearing oversold and trading just above the 200-day MA, the stock seems favorably positioned for tactical, mean-reversion-oriented trades. Short-term participants may look to accumulate near the ₹11,500–₹11,600 support zone, anticipating a rally on any reversal signal or positive industry news flow.
• Medium-term: Investors focused on the next 6–12 months could see opportunities as the company executes its aggressive capex and leverages government infrastructure spending. Any pullback toward support may offer a prudent point for portfolio addition ahead of forecasted volume growth and further dividend distributions.
• Long-term: Strategic investors—particularly those seeking exposure to India’s infrastructure renewal—are likely to find UltraTech’s dominant franchise, consistent expansion strategy, and sector leadership an attractive compounding vehicle. The company’s blend of scale, efficiency, dividend payout, and innovation supports an enduring case for patient capital seeking sustainable, above-market returns.

In each time frame, establishing positions on technical weakness or ahead of known catalysts (such as expansion project commissionings or quarterly earnings) aligns with disciplined capital deployment.

Is it the Right Time to Buy UltraTech Cement?

UltraTech Cement’s investment thesis remains compelling. Its unrivaled scale, outstanding recent financial performance, assertive capacity buildout, and alignment with India’s infrastructural growth cycle combine to create a platform for sustainable value creation. With robust trading volumes, a visible pipeline of growth catalysts, consistent dividend increases, and a technical setup that appears to be approaching an inflection point, renewed interest in the stock seems well-justified.

While the stock trades at a premium relative to historical sector averages, this valuation reflects both its competitive advantages and enduring leadership in a sector poised for expansion. Investors seeking opportunities aligned to India’s infrastructure supercycle—backed by operational excellence, robust liquidity, and progressive management—may view the current period as an excellent opportunity to seriously consider UltraTech Cement as a foundation for diversified portfolios.

With its unique combination of market dominance, strategic vision, and multiple avenues for upside, UltraTech Cement may be entering a new, sustainable bullish phase—making it a stock that deserves close attention by investors looking to participate in the next chapter of India’s growth story.

How to buy UltraTech Cement stock in India?

Buying UltraTech Cement stock online is straightforward and secure when you use a regulated broker in India. You have two main ways to invest: spot buying, where you own the actual shares, or trading Contracts for Difference (CFDs), which let you speculate on the price movement without owning the stock. Each method has its benefits and costs, making it important to choose what fits your investment style. To help you decide, we provide a detailed broker comparison further down this page.

Spot buying

A cash (spot) purchase means you buy UltraTech Cement shares outright through a stockbroker registered with SEBI. You become a direct shareholder and can benefit from dividends and any price appreciation. In India, brokers typically charge a fixed commission per order, often ranging from ₹20 to ₹40, along with small regulatory fees and taxes. For example, if the UltraTech Cement share price is ₹11,670, with ₹1,000 (about $12 at ₹83/USD), you can buy approximately 0.085 shares (fractional shares may be possible with some international brokers), considering a brokerage fee of around ₹400 (making the total invested closer to ₹600 after fees with local brokers; however, most Indian brokers support orders above ₹1,000 for full-share purchase).

Example

✔️ Gain scenario:
If the share price rises by 10% to ₹12,837, your shares would now be worth ₹1,100.
Result: +₹100 gross gain, i.e. +10% on your investment (before fees and taxes).

Trading via CFD

CFD trading on UltraTech Cement shares allows you to speculate on price movements without actually holding the shares. This is usually offered by international brokers and involves fees such as the spread (difference between buy and sell price) and overnight financing if you keep positions open beyond a day. CFDs also allow leverage, amplifying your potential gains—or losses. For instance, with a $1,000 (around ₹83,000) deposit and 5x leverage, you gain market exposure worth ₹415,000 (approx. $5,000).

Example

✔️ Gain scenario:
If the stock price increases by 8%, your position would generate a 40% gain (8% × 5).
Result: +$400 (or around ₹33,000) gain on your $1,000 stake (excluding costs like spreads and overnight fees).

Final advice

Before investing, always compare brokers’ fees, available features, and security—even more so if you’re deciding between cash share purchases and leveraged CFD trading. Your choice should reflect your investment approach, time horizon, and risk tolerance. To make an informed decision, don’t miss our broker comparison further down the page.

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#1

Forex specialist

#1

Eightcap

Notes

4.9

Discover

5 things to know about Eightcap

Is EightCap reliable?

Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.

Why choose EightCap?

EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.

What are the fees at EightCap?

At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.

Who is EightCap for?

Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.

Is it easy to withdraw money from EightCap?

Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.

Is EightCap reliable?

Yes, EightCap is a trusted platform regulated by ASIC (Australia) and FCA (United Kingdom). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to start with, EightCap is a safe bet, recognised in the industry.

Why choose EightCap?

EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools such as MT4 and MT5, perfect for demanding traders. Are you a beginner? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and effective.

What are the fees at EightCap?

At EightCap, fees depend on the account you choose: Raw accounts display spreads from 0 pip, with a commission of $3.5 per lot. Standard accounts have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.

Who is EightCap for?

Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like MT5 and competitive spreads will allow you to go further in your strategies.

Is it easy to withdraw money from EightCap?

Withdrawing your earnings on EightCap is quick and easy. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or e-wallets. Security and speed are at the heart of the service.

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CFD specialist

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Avatrade

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Why choose Avatrade?

AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.

What are the fees at Avatrade?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.

Who is Avatrade for?

AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.

Is it easy to withdraw money from Avatrade?

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Is Avatrade reliable?

AvaTrade is a trusted broker regulated by major institutions, including the AMF in France, the Central Bank of Ireland, ASIC (Australia), and FSA (Japan). Active since 2006, it offers solid guarantees, including the segregation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.

Why choose Avatrade?

AvaTrade combines simplicity and expertise. Tutorials, demo accounts, and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities as you progress. You don’t need to be an expert: AvaTrade adapts to you.

What are the fees at Avatrade?

AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and inactivity costs that can be avoided with regular use. You can focus on learning and your investments without surprises when it comes to paying.

Who is Avatrade for?

AvaTrade is for everyone: beginners can take advantage of detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you are looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.

Is it easy to withdraw money from Avatrade?

Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, wire transfers, or e-wallets. Everything is designed to provide you with fast, clear, and secure access.

#3

Expert in Forex and CFD

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Vantage

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4.8

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5 things to know about Vantage

Is Vantage reliable?

Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.

Why choose Vantage?

Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.

What are the fees at Vantage?

The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.

Who is Vantage for?

Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.

Is it easy to withdraw money from Vantage?

Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.

Is Vantage reliable?

Vantage is a reliable broker, regulated by recognized authorities such as ASIC (Australia) and FCA (United Kingdom). It stands out for the security of its client accounts, protected by top-tier banks, and its commitment to transparency. With over 15 years of experience, Vantage is a trustworthy platform.

Why choose Vantage?

Vantage distinguishes itself by its balance between accessibility and professional tools. Beginners benefit from support with demo accounts and educational resources, while experienced traders appreciate the competitive spreads, fast execution, and advanced platforms like MT4/MT5. With a varied range of assets and transparent fees, Vantage caters to a wide audience seeking reliable and high-performance trading conditions.

What are the fees at Vantage?

The fees at Vantage are adapted to everyone. On ECN accounts, spreads start at 0 pip with a commission of $3 per lot. Standard accounts offer slightly higher spreads, but without commission. No deposit or withdrawal fees are applied, and the cost of inactivity is limited. With Vantage, you keep control of your costs to invest effectively.

Who is Vantage for?

Vantage is perfect for traders looking for professional conditions, while remaining accessible to beginners. If you want a fast platform, competitive fees and advanced tools, Vantage is an excellent choice. Whether you are learning or perfecting your strategies, you will find the necessary resources.

Is it easy to withdraw money from Vantage?

Withdrawing funds from Vantage is fast and secure. Requests are processed in less than 48 hours and you can choose between bank transfer, cards or electronic wallets. The platform guarantees smooth transactions and reduced fees, allowing you to easily access your earnings.

Our 7 tips for buying UltraTech Cement stock

The latest news about UltraTech Cement

UltraTech Cement reported robust Q4 FY25 earnings with revenue and net profit both growing over 10% year-on-year. The company’s revenue for the January-March quarter reached ₹23,063.32 crore, marking a 12.95% jump compared to the previous year, while net profit rose to ₹2,482.04 crore, up 10% year-on-year. These results slightly exceeded analyst revenue expectations and matched profit forecasts, signaling continued operational strength and efficient cost management despite industry headwinds.

The board recommended a final dividend of ₹77.50 per share for FY25, an increase over the previous year’s payout. This elevated dividend, up from ₹70 per share in FY24, underscores confidence in the company’s cash flows and balance sheet stability. The move provides an enhanced yield to shareholders and reinforces UltraTech Cement’s commitment to delivering value through consistent capital returns, which is a significant positive indicator for investor sentiment within the domestic market.

UltraTech Cement advanced its position by adding 1.4 mtpa cement capacity, bringing total capacity to 190.16 mtpa, and completed acquisition integrations. The capacity addition, achieved through cost-effective debottlenecking, strengthens the company’s supply capabilities amid growing domestic demand. Successful integration of recent acquisitions during FY25 further consolidates UltraTech’s market leadership, fortifying its pan-India coverage and leveraging economies of scale, which are vital advantages in India’s competitive cement sector.

The company has announced a ₹9,000 crore capex plan emphasizing aggressive future expansion, with strong management guidance for double-digit volume growth in FY26. This significant investment reflects UltraTech’s strategic intention to capitalize on long-term infrastructure growth drivers within India, benefiting from government push and private sector activity. The outlook for double-digit volume growth, articulated by management, alongside the analyst consensus target price of ₹13,343.36 (representing a 14% upside), positions the stock favorably for continued appreciation, provided execution risks are managed.

UltraTech Cement’s market dominance remains robust, maintaining its status as India’s largest cement manufacturer with a 22% market share and inclusion in major stock indices, supporting institutional investment flows. Its pan-India presence, strong brand, and vertical integration efforts, together with its role in the Nifty 50 and BSE Sensex, enhance its visibility and attractiveness for both domestic and foreign institutional investors. This strategic positioning, coupled with the predominant “Buy” and “Outperform” analyst ratings, suggests sustained market confidence despite high valuation multiples and sector cost pressures.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.