BI India
The Aditya Birla Group's cement subsidiary, UltraTech Cement, shares recorded an all-time high of ₹6,944 a share this week after a great demand for cement shares flooded the otherwise tepid market. Its peers ACC, Ambuja Cement and Ramco also recorded their fresh highs.
The stock has already surpassed ICICI Securities and Motilal Oswal's target price, and Share Khan expects the company to touch ₹7,200 a piece led by healthy demand.