Page 2 - UltraTech Cement Ltd News

Q3FY26 Cement Preview: Axis Sec sees volume, revenue growth on weak pricing

Cement companies are expected to report robust topline and volume growth amid weak pricing power during the third-quarter of the financial year 2026

JM Fin expects cement price recovery from April 2026; UltraTech top pick

Industry demand likely grew in low double digits year-on-year (Y-o-Y) in December 2025, reflecting broad-based improvements across regions

UltraTech Cement receives ₹782.2 cr GST demand over alleged short payment

UltraTech Cement on Saturday said it has received a GST demand notice for a total payment of Rs 782.2 crore, which it plans to contest before the appropriate forum. "The Company is reviewing the Order, considering all legal options, and accordingly would be contesting the demand," UltraTech Cement said in a regulatory filing. The order has been passed in various matters on account of "alleged short payment of GST, improper utilisation of Input Tax Credit, etc" during the period 2018-19 to 2022-23, the company said. The order is passed "without due consideration of the Company's submissions." The order passed against it is "upholding tax liability of Rs 3,90,95,58,194/- plus applicable interest on tax demand; additional interest Rs 27,68,289/- and penalty of Rs 3,90,95,58,194/", the filing said. The Aditya Birla flagship firm has received the order passed by the Joint Commissioner, Central Goods and Services Tax & Central Excise, Patna, on Friday. UltraTech is the country's leadin

Sensex cracks 533 pts, Nifty ends at 25,860; why markets fell today?

Stock Market Today: The BSE Sensex dropped to an intra-day low of 84,684, with Indian Rupee sliding to 91.05 versus the US dollar on Tuesday.

Nifty50 to hit 29,300 by end-2026? Nomura lists top 20 stock picks

Nomura expects Indian markets to trade in the range of 20-22x one-year forward earnings, assuming risk premia remain low.

Motilal Oswal sector of the week: Cement; check top stock picks, targets

In the cement sector, near-term weakness persists due to subdued demand, muted pricing trends and high petcoke prices.