Ultratech Cement

May 12, 2023 11:17 PM IST

Buy UltraTech Cement; target of Rs 8600: Motilal Oswal

Motilal Oswal is bullish on UltraTech Cement recommended buy rating on the stock with a target price of Rs 8600 in its research report dated May 09, 2023.

Contrarian calls | Bajaj Auto, UltraTech, CIL catch investor fancy despite analysts stepping up on downgrades

On the other hand, analysts are rooting for Reliance Industries, TCS, HUL, Wipro and Bajaj Finance citing various factors amid a drop in their share prices.

Top 10 ideas to trade as bulls dare the bear trap, keep markets charged up

The 18,200-18,250 range could be crucial on the higher side which can take the index above 18,500-18,600 levels, but falling below 18,000 levels can drag the index up to 17,800, while 17,500 would be a critical hurdle going ahead, experts feel

Buy UltraTech Cement; target of Rs 8760: Geojit

Geojit is bullish on UltraTech Cement has recommended buy rating on the stock with a target price of Rs 8760 in its research report dated May 05, 2023.

Buy UltraTech Cement; target of Rs 8400: Sharekhan

Sharekhan is bullish on UltraTech Cement has recommended buy rating on the stock with a target price of Rs 8400 in its research report dated April 28, 2023.

Buy UltraTech Cement; target of Rs 8600: Motilal Oswal

Motilal Oswal is bullish on UltraTech Cement recommended buy rating on the stock with a target price of Rs 8600 in its research report dated April 29, 2023.

Buy UltraTech Cement; target of Rs 9105: KR Choksey

KR Choksey is bullish on UltraTech Cement has recommended buy rating on the stock with a target price of Rs 9105 in its research report dated April 29, 2023.

UltraTechCement Consolidated March 2023 Net Sales at Rs 18,662.38 crore, up 18.36% Y-o-Y

UltraTechCement Standalone March 2023 Net Sales at Rs 18,121.02 crore, up 19.47% Y-o-Y

UltraTech Cement dips over 1% after 32% decline in March quarter profit

Ultratech Cement announced a net consolidated profit of Rs 1,665.95 crore during the March quarter of the 2022-23 fiscal year. This represents a decrease of 32.29% compared to the previous fiscal year's same quarter, which recorded a profit of Rs 2,460.51 crore.

UltraTech – The standout performer yet again

The cement-maker has an extensive manufacturing footprint, a differentiated product portfolio, and a large pan-India network

Buy UltraTech Cement; target of Rs 8670: HDFC Securities

HDFC Securities is bullish on UltraTech Cement has recommended buy rating on the stock with a target price of Rs 8670 in its research report dated April 28, 2023.

UltraTech Cement Q4 result: Net profit sinks 32% to Rs 1696 crore

UltraTech Cement Q4 result: Revenue from operations came in at Rs 18,662.38 crore, up 18.36 percent from Rs 15,767.28 crore in the year-ago quarter, the company said in a regulatory filing.

UltraTech Cement share price gains on capacity expansion

The total grey cement manufacturing capacity in India now stands at 129.15 mtpa.

UltraTech Cement's sales volume grows 12% in FY23 to 105.7 MT

The total sales volume in the fourth quarter of FY23 came in at 31.7 MT, which is 14 percent higher as compared to 27.7 MT recorded in the year-ago period.

No import, India to start exporting coal from 2025-26: Coal minister Pralhad Joshi

Data from the coal ministry showed that from about 50 auctioned coal mines under the private sector since February 2020, at least three have become operational. Overall, since 2019, about 27 coal mines, across all sectors, have been operationalised so far.

Grasim Industries buys leasehold rights of 220 acres land parcel to set up manufacturing units

Grasim Industries, the flagship company of Aditya Birla, has acquired leasehold rights to approximately 220 acres of land from Century Textiles and Industries for INR 254.70 crore.

Moneycontrol Daily: Your Essential 7

A daily round-up of the most interesting articles to help jump-start the day.

UltraTech Cement and Dalmia Bharat on the hotlists of Jefferies, CLSA

Cement players are focusing on volumes instead of prices in the near term to fulfil year-end targets.

UltraTechCement Standalone December 2022 Net Sales at Rs 15,008.02 crore, up 20.35% Y-o-Y

Hot Stocks | Torrent Power, Asian Paints, UltraTech Cement may fetch healthy returns

In November 2022, UltraTech Cement registered a breakout from Inverse Head & Shoulder price pattern which is bullish reversal signal and indicates bullish bias in price for medium term trend.

Hot Stocks | Bet on UltraTech Cement, sell Manappuram Finance for short-term returns

On Friday, the consolidation range finally got broken on the lower side in Manappuram Finance. This not only confirmed a breakdown from multiple supports but also resulted in resuming its higher degree downtrend.

Cement stocks surge as Moody's offers strong demand outlook

The cement production in India is estimated to grow by around 6 percent to 8 percent over fiscal years 2023 and 2024, following a 21 percent jump for the fiscal year ended March 2022, according to a report by Moody’s.

Analyst Call Tracker: Why has street turned optimistic on UltraTech over the last year?

UltraTech benefits from sector specific optimism as well as due its focus on cost optimization, capacity building and improving leverage.

Cement sector: Supply glut, global macros could hurt ongoing business momentum

It is better to be selective on this sector and keep away from companies based in central and eastern regions