UltraTech Cement is a leading cement manufacturer in India. It is part of the Aditya Birla Group, a large conglomerate with an interest in various sectors. It was established in 1983 and has grown over time to become the largest cement company in India.
Currently, it is the tenth-largest cement producer in the world and has continued to grow steadily over time. To estimate the share price, we need to know its business model, company management, production sector and many more.
Ultra Tech Cement has a wide range of products that cater to various segments of the construction industry. These products are Ordinary Portland Cement, White cement, Portland Pozzolana cement, Ready Mix Concrete, Building products and others.
The company has a strong presence in India, with over 23 integrated plants, 26 grinding units, 7 bulk terminals and a total cement capacity of 117.35 million tonnes per annum. In this article, we will make UltraTech Cement share price predictions for the years 2023 to 2030 based on our research and technical analysis.
UltraTech Cement Overview
UltraTech Cement was established in 2000 and is based in Mumbai, India. UltraTech Cement Limited operates as a subsidiary of Grasim Industries Limited. It offers ordinary Portland cement, Portland blast furnace slag cement, Portland pozzolana cement and white cement-based products.
It has tile adhesive polymers for kitchen balconies, sloped roofs, bathrooms, canal linings, swimming pools and water tanks under TILEFIXO, FLEX, HIFLEX, Ready Plast and Super Plaster, seal and dry waterproofing products.
Additionally, offers construction products for home builders; the value-added services also include technical advice during concreting, architectural consultancy, various training programs and other related services.
It has expanded its business to Bahrain, Sri Lanka, UAE, Bangladesh and many other countries. The company has received several awards and accolades for its performance.
Fundamentals
The reported revenue in March 2023 is Rs 18,662 crore and net profit is Rs 1,666 crore. UltraTech Cement is listed on both the NSE and BSE exchanges in India and has a total market capitalization of Rs 2,11,000 crore.
The company is known for its focus on sustainability and has taken several environmentally sound steps to reduce its carbon footprint. Currently, its share price is Rs 8403.80 and market experts say that the growth of this company will continue for the next few years.
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Share price history
The share price is subject to change due to various market forces such as economic, market trends, performance, investor sentiment etc. And it is always dynamic, and past performance is no guarantee of future returns. Therefore, you should always seek the advice of financial professionals before making any investment decision.
| Year | Low (₹) | High (₹) |
|---|---|---|
| 2018 | 4063.55 | 4470.00 |
| 2019 | 3332.45 | 4904.45 |
| 2020 | 3025.00 | 5400.00 |
| 2021 | 5245.05 | 8073.30 |
| 2022 | 5157.50 | 7299.00 |
UltraTech Cement Share Price Target 2023, 2024, 2025, 2026, 2028 and 2030
Market analysts say that it has huge growth potential in the coming years and can give up to a 500 per cent return per share to its investors. Market experts suggest that there is a bullish trend and the share price may go up to Rs 850 to Rs 900 by 2025. But, we have a different analysis and research which is mentioned below:
Note: Readers are advised that the estimated target share price is based on our research and technical analysis. This is only an estimated price that may be higher or lower than the actual price.
2023
According to our research and technical analysis, the minimum target price for UltraTech Cement shares is Rs 7850.50 to Rs 8150.20 in 2023. At the same time, the maximum target price for UltraTech Cement shares is Rs 8150.20 to Rs 8550.30 by 2023.
| 2023 | Target Price |
|---|---|
| Feb-Jun | Rs 7850.50 to Rs 8150.50 |
| Aug-Dec | Rs 8100.20 to Rs 8550.30. |
2024
The estimated share price target for UltraTech Cement in early 2024 is Rs 8350.60 to Rs 8640.40. The maximum target price for UltraTech Cement share can reach Rs 8640.60 to Rs 8990.10 by the end of the year.
| 2024 | Target Price |
|---|---|
| Feb-Jun | Rs 8350.60 to Rs 8640.40 |
| Aug-Dec | Rs 8640.60 to Rs 8990.10 |
2025
In 2025, the lowest target price for UltraTech Cement is Rs 8890.80 to Rs 9150.70. On the other hand, the highest target price of UltraTech Cement share can reach from Rs 9230.20 to Rs 9550.60 by 2025.
| 2025 | Target Price |
|---|---|
| Feb-Jun | Rs 8890.80 to Rs 9150.70 |
| Aug-Dec | Rs 9230.20 to Rs 9550.60 |
2026
In 2026, the minimum share price target is Rs 9450.40 to Rs 9640.60. The maximum target price of UltraTech Cement share can reach Rs 9650.20 to Rs 9840.90 in the middle of the year.
| 2026 | Target Price |
|---|---|
| Feb-Jun | Rs 9450.40 to Rs 9640.60 |
| Aug-Dec | Rs 9650.20 to Rs 9840.90 |
2028
In 2028, the target price for UltraTech Cement shares is Rs 10,150.40 to Rs 10,340.60. And the highest target price at the end of 2028 is Rs 10,450.20 to Rs 11,140.90 for UltraTech Cement shares.
| 2028 | Target Price |
|---|---|
| Feb-Jun | Rs 10150.40 to Rs 10340.60 |
| Aug-Dec | Rs 10,450.20 to Rs 11,140.90 |
2030
As per our research and forecast system, the minimum target price for UltraTech Cement shares in early 2030 is Rs 12,140.70 to Rs 12,850.60. At the end of the year, the maximum target price for UltraTech Cement shares is Rs 14,150.40 to Rs 15,650.90 by 2030.
| 2030 | Target Price |
|---|---|
| Feb-Jun | Rs 12,140.70 to Rs 12,850.60 |
| Aug-Dec | Rs 14,150.40 to Rs 15,650.90 |
Financial Performance
UltraTech Cement has shown relatively good financial results over the years. It has consistently outperformed the market and given good returns to its customers. The share price of UltraTech Cement has seen an increase over the years due to its diversified product portfolio and leading market position.
In 6 years, the share price of UltraTech Cement grew from Rs 2,500 (approx) to Rs 8,000 per share, which is a compound annual growth rate of 24% (approx).
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Shareholding Pattern
Aditya Birla Group is the parent and promoter of UltraTech Cement and holds a majority share in the company. Here is the shareholding pattern of UltraTech Cement as on Feb 2023:
| Shareholder’s Name | Shareholding (%) |
|---|---|
| No of shares (288677471) | 100% |
| Promoters | 59.01% |
| Foreign Institutions | 14.63% |
| Mutual Fund | 8.24% |
| Insurance Companies | 4.57% |
| General Public | 5.71% |
| Others | 6.83% |
How to buy UltraTech Cement shares?
First of all, you have to open a Trading/Demat account and add money to your Demat account to trade on the stock exchange. Follow the steps given below to open a Demat account:
- Personal Details: Enter your personal details, like name, date of birth, address, etc. Upload the required documents in the described format.
- Add Money: You must deposit money in your Demat account to trade on NSE or BSE.
- Search UltraTech Cement: To buy UltraTech Cement shares, enter the name on the search bar, and you will find the ticker symbol (ULTRACEMCO) of UltraTech Cement, add it.
- Place an Order: Select the number of shares and proceed.
- Confirm: Finally, pay and confirm your order.
FAQs
A: Kumar Mangalam Birla
A: UltraTech Cement was established in 1983.
A: At the end of the year 2025, the maximum price of the stock can reach from Rs 8530.20 to Rs 8750.60.
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Disclaimer: The share price target on our website (bankshala.com) is for general information only. We are not SEBI-registered financial advisors and no part of the website content provided by us should be considered financial advice. Before investing in any company you should do your own research and consult your financial advisor before taking any decision.
