NSE: ULTRACEMCO · 7 October 2026
- UltraTech Cement Limited shares moved lower in Tuesday's trading session, declining by 0.86% to settle at ₹10,658.00 compared to its previous close of ₹10,750.00. The stock opened at ₹10,716.00 and drifted towards an intraday low of ₹10,595.00 before touching a high of ₹10,771.00.
- UltraTech Cement announced that it has commissioned 116.55 MW of wind capacity at its ISTS-connected wind-solar hybrid project in Barmer, Rajasthan, alongside 10 MW of Waste Heat Recovery System capacity at its Sarlanagar unit in Karnataka. With these additions, the company's cumulative installed green energy capacity reached 2,024 MW, making it the first cement company in India to cross the 2 GW threshold for captive use. This green capacity now meets roughly 48% of the company's total power requirements across its manufacturing network.
- Trading volume was 1.04 times the 20-day average daily volume.
Why is Ultratech Cement share price falling on 7 October 2026?
UltraTech Cement Limited shares moved lower in Tuesday's trading session, declining by 0.86% to settle at ₹10,658.00 compared to its previous close of ₹10,750.00. The stock opened at ₹10,716.00 and drifted towards an intraday low of ₹10,595.00 before touching a high of ₹10,771.00.
The broader market also experienced downward pressure, with the Nifty benchmark falling 0.76%. UltraTech Cement's move reflects ongoing short-term weakness, extending its 5-day return to -2.72% and its 20-day return to -2.22%.
While no single headline-grabbing corporate catalyst was announced specifically for today's price action, the company recently crossed a major operational milestone on October 5, 2026, by surpassing 2 gigawatts of green energy capacity for captive use. This broader sustainability achievement follows recent executive appointments, including Mr. Ashish Chandra taking charge as Chief Manufacturing Officer (Designate) effective September 16, 2026. These developments provide ongoing strategic context for the company's long-term energy and operational transition, even as the immediate share price movement remains driven by prevailing market sentiment and technical consolidation.
2.86 lakh shares traded by 7 October 2026 · 03:10 PM IST. This compares with a 20-day average daily volume of 2.74 lakh shares (1.04 times). The five-day average daily volume was 2.83 lakh shares. Separately, the NSE report for 6 October 2026 showed 1.72 lakh shares delivered, representing 63.78% of that day’s traded volume. The same report recorded 29,609 trades.
The stock declined alongside broader market weakness, extending a multi-day corrective phase without any immediate negative corporate trigger. Volume remained close to normal averages with solid delivery participation, suggesting routine positioning rather than event-driven selling.
Latest Company Developments
UltraTech Cement announced that it has commissioned 116.55 MW of wind capacity at its ISTS-connected wind-solar hybrid project in Barmer, Rajasthan, alongside 10 MW of Waste Heat Recovery System capacity at its Sarlanagar unit in Karnataka. With these additions, the company's cumulative installed green energy capacity reached 2,024 MW, making it the first cement company in India to cross the 2 GW threshold for captive use. This green capacity now meets roughly 48% of the company's total power requirements across its manufacturing network.
Demonstrates measurable progress in lowering energy costs and reducing reliance on fossil fuels, aligning with the company's long-term decarbonisation targets.
The company announced the appointment of Mr. Ashish Chandra as Chief Manufacturing Officer (Designate) effective September 16, 2026. Concurrently, the incumbent Chief Manufacturing Officer, Mr. E R Raj Narayanan, is scheduled to relinquish his position on March 31, 2027, ensuring a structured leadership transition.
Ensures leadership continuity and orderly execution across the company's extensive manufacturing operations.
The Aditya Birla Group announced the launch of its new wires and cables business under the brand name Ultravolt. This marks the group's fourth new business foray within a span of three years, expanding its presence in building materials and related infrastructure segments.
Broadens the group's footprint in complementary building solution categories, reinforcing synergies with existing distribution channels.
'UltraTech becomes first cement company in India to surpass 2 gigawatts of green energy capacity for captive use'.
Appointment of Mr. Ashish Chandra as Chief Manufacturing Officer (Designate) of the Company effective. September 16, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 15.98% on 30 June 2026. This compares with 15.24% on 31 March 2026, a change of +0.74 percentage points.
The filing reported 156 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Execution progress on expanding renewable energy and waste heat recovery capacity toward the 85% green energy target by 2030
- Quarterly financial results and management commentary on cement demand and realization trends
- Delivery volume trends and institutional participation levels near current support zones around the ₹10,600 mark
- Integration and performance of newly commissioned cement manufacturing capacities
Other Dated Coverage
- Why UltraTech Cement Shares Fell 0.92% Today | 6 October 2026 — 6 October 2026
- Why UltraTech Cement Shares Fell 2.25% Today | 1 October 2026 — 1 October 2026
More Ultratech Cement news and dated analysis →
Frequently Asked Questions
What is the latest Ultratech Cement company news?
UltraTech Cement announced that it has commissioned 116.55 MW of wind capacity at its ISTS-connected wind-solar hybrid project in Barmer, Rajasthan, alongside 10 MW of Waste Heat Recovery System capacity at its Sarlanagar unit in Karnataka. With these additions, the company's cumulative installed green energy capacity reached 2,024 MW, making it the first cement company in India to cross the 2 GW threshold for captive use. This green capacity now meets roughly 48% of the company's total power requirements across its manufacturing network.
How strong was Ultratech Cement’s trading volume?
2.86 lakh shares traded, 1.04 times the 20-day average daily volume. The price and volume data are dated 7 October 2026 · 03:10 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 June 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.