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UltraTech Cement shares jump 3% as brokerages revise target prices after Q2 results. What Jefferies, Citi are saying — Shares of UltraTech Cement increased by 3% after the company reported strong quarterly earnings for Q2 FY27. The company's net profit saw a 21% growth compared to the previous year, driven by operational revenue increases. Jefferies raised its target price for the stock, indicating significant upside potential. Meanwhile, Nomura and Citi slightly lowered their estimates due to rising costs and external economic factors.
21 Oct 2026 Read article