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'Buy' UltraTech Cement Reiterates Motilal Oswal, Sees 35% Upside — Here's Why

Cables and wires emerged as a strategic fit, complementing the company’s/group’s existing product offerings.

<div class="paragraphs"><p>Cables and wires offer immediate adjacencies to UltraTech Cement.</p><p> (Photo: Vijay Sartape/ NDTV Profit)</p></div>
Cables and wires offer immediate adjacencies to UltraTech Cement.

(Photo: Vijay Sartape/ NDTV Profit)

UltraTech Cement believes it will be easy to make inroads into cables and wires market. Cable demand is infrastructure-driven, and with the company already present in many projects, it sees a strong opportunity for growth in this segment. The C&W plant will be commissioned on or before Dec’26.
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