Nuvoco Vistas shares soar 10% after strong Q1. Why Nomura, Choice see up to 47% upside?

Shares of Nuvoco Vistas surged after the cement maker reported a strong set of Q1 FY27 earnings, prompting multiple brokerages to reiterate bullish views. Analysts cited better-than-expected profitability, resilient pricing, cost discipline and capacity expansion plans as key drivers supporting further upside in the stock.