Nuvoco Vistas outlook upgraded after strong Q1 performance
after close1 source ↓written by the desknot a recommendation
- for FY27
- 9%
- in Surat
- 2-million-tonne grinding unit
Nuvoco Vistas Corporation reported EBITDA of ₹570 crore for Q1 FY27, exceeding market expectations due to improved cement pricing and cost management. Following this, brokerages have raised EBITDA estimates for FY27 by 9%. The company is expanding its capacity with a 2-million-tonne grinding unit in Surat and plans for additional clinker and grinding units in FY27.
Not investment advice. For informational purposes only.