17 Sep 2025 | 3 Mins Read
CLSA upgrades UltraTech, Shree Cement, raises targets
Flipitmoney
CLSA upgraded UltraTech Cement Limited, Shree Cement Limited, and Ramco Cements, maintaining Ambuja Cements and Dalmia Bharat's coverage. UltraTech Cement's price target rose 8.9% to ₹14,700, while Shree Cement's target increased 5% to ₹33,500. CLSA sees improved profitability and pricing discipline.