UltraTech Cement shares jump 1% as brokerages increase target price after Q3 results. Should you invest?

UltraTech Cement shares rose 1% following strong Q3 results, with a 17% YoY profit decline but revenue exceeding estimates. Brokerages remain positive, with target prices ranging from Rs 12,100 to Rs 13,246. Analysts cite recovery in demand, cost efficiencies, and growth potential, making UltraTech a top pick in the cement sector.