Nuvoco Vistas Surges 13% on Strong Q1 Show

Nuvoco Vistas shares jumped as much as 13% on Tuesday, 14 July, hitting an intraday high of Rs 358.80, driven by strong June-quarter numbers.

The cement maker’s Q1 FY27 results gave investors plenty to like. Consolidated cement sales volumes rose 5% year-on-year to 5.3 million tonnes, with demand holding steady across the company’s core markets.

Revenue followed, climbing 9% YoY to Rs 3,129 crore. The profitability line is what really caught attention. EBITDA came in at Rs 572 crore, up 7% YoY, marking the company’s best-ever first quarter on that metric.

Per-tonne EBITDA improved by around Rs 90 compared with the March quarter, a gain the company put down to cost discipline and firmer pricing in eastern India, where it holds a strong presence.

None of the disclosures involve related-party transactions, keeping the update a clean read on operating performance. Growth plans are moving alongside the results.

Nuvoco is targeting 35 million tonnes of annual cement capacity by FY28, a plan built around integrating the Vadraj Cement Plant with fresh capacity additions in the east.

On 11 July, the company commissioned a new 2 million tonne grinding unit at its Limla plant in Surat, extending its reach into western India and rounding out a network that now spans both ends of the country. The stock kept climbing through the session.

By 10:17 am, shares were changing hands at Rs 342.75 on the NSE, up 8.28% from Monday’s close of Rs 316.55. Momentum held through the morning, with the stock later touching Rs 343.45, up 8.50% on the day.

The stock remains well off its 52-week high of Rs 477.50, set in September 2025, but sits comfortably above its 52-week low of Rs 276.25 from March 2026. With today’s move, Nuvoco’s market capitalisation stands at around Rs 12,241 crore.

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