UltraTech Cement Limited — Investor Meet, 23-10-2024: Analysts/Institutional Investor Meet/Con. Call Updates

UltraTech Cement reported a 3% growth in volumes despite a 68% capacity utilization for Q2 FY-25, impacted by pre-election slowdowns and intense monsoons, which are expected to benefit rural demand in the long run. The company anticipates further improvements in demand due to ongoing infrastructure projects and an expected increase in urban housing sales. Additionally, UltraTech is on track for significant capacity expansion and has made recent acquisitions to strengthen its growth outlook.