Ultratech Cement shares rise 2.4% as Goldman Sachs cites price hikes, higher profitability, and reiterates 'buy' with a 12,650 rupees target.

• Stock tops Nifty 50 gainers amid 1% index rise, driven by April, May price hikes boosting per-tonne profits.
• Goldman Sachs 'buy rating highlights strong industry fundamentals and a 2,650-rupee price target for ULTC.
• 38 analysts average 'buy' rating for ULTC; median PT at 13,200 rupees vs. YTD 1.8% vs. Nifty +4.5%.