Ultratech Cements

UltraTech Cement Q4 preview: Net profit may surge 23% YoY; EBITDA/t may fall on weak prices

According to the average estimate of 12 brokerages, the company's net profit is expected at Rs 1,976.58 crore, marking a 23 percent increase on-year, and a 15 percent sequential rise.

Analyst call tracker: Despite rise in downgrades, market leader UltraTech continues to charm

Amid consolidation in the cement industry and strong growth, UltraTech has faced a number of analyst downgrades. However, the stock price has belied those downgrades and recorded decent growth.

Energy costs to come down In H2FY23; open to inorganic growth: UltraTech Cement CFO

Ultratech Cement reported an at least ten-quarter low EBITDA/tonne performance for the quarter ended September 30, 2022.

Read full text of Kumar Mangalam Birla's address to shareholders at UltraTech Cement AGM

KM Birla highlighted the recent acquisitions and investments made by the company, while stressing on the impressive net revenue and EBITDA recorded in the first quarter of FY2022. Read the full text of his address to the shareholders of UltraTech Cement.

UltraTech Cements Q3 PAT seen up 61.5% YoY to Rs. 1,150 cr: Yes Securities

Net Sales are expected to increase by 9.8 percent Y-o-Y (up 9.8 percent Q-o-Q) to Rs. 11,369.8 crore, according to Yes Securities.

BNP Paribas handpicks 30 quality largecap, midcap and smallcap stocks

The prominent largecap additions include HDFC, NTPC, UltraTech Cements, Sun Pharma and Kotak Mahindra Bank, while the midcap ones are P&G, Bharat Electronics, IGL and InterGlobe Aviation.

Beta rally ripening! SBI, Axis among 7 stocks likely to benefit the most

Best high beta and interest rate sensitive stocks to play the rally from the ICICI Securities coverage universe include stocks like SBI, Axis Bank, BPCL, NTPC, Power Grid, L&T, Ultratech Cement.

'Tata Motors, ONGC, SBI among top cos that underperformed in June Qtr'

Cautious and tepid commentaries by several corporates raise concern for the further earnings downgrades thus, Q2FY20 is expected to be muted as well

Brokerage Calls: Target price for Newgen Software & Colgate hiked post Q3 show

Jefferies maintained its buy call on Newgen Software Technologies post Q3 results but raised its 12-month target price to Rs 375 from Rs 335 earlier.

Week Ahead: Top 6 factors that are likely to chart market direction this week

Rising geopolitical concerns amid mixed bag results from India Inc. capped upside for the markets as Nifty50 closed 0.34 percent lower for the week ended 21 April. Coming week unlikely to be any different as D-Street await results from index heavyweights.

Over a dozen stocks which could turn multibaggers in next 2-3 years: MOSL

Some of our top ideas include names like Tata Motors, ICICI Bank, SBI, ITC, Britannia, Hindalco, Colgate Palmolive India, Crompton Consumer, IOC Ltd, RBL Bank, Manpasand Beverages, Ultratech Cements and JK Cement, he said.

Cement makers fall on worries over early monsoon

The monsoon rains, which run from June to September, hit the southern coast last week, and are exacted to make an early arrival in other parts of the country. This is likely to hurt construction activities.

Hold Ambuja, Ultratech, Shree Cements; reduce ACC: Emkay

Emkay Global Financial Services has come out with its report on cement sector. The research firm has remained negative on ACC while retained hold rating on Ambuja Cements & Ultratech Cements and remained positive on Grasim Industries.

CBEC Circular: Unlawful, Illegal, Arbitrary?

Andhra Pradesh High Court, Bombay High Court, Punjab and Haryana High Court and now the Bangalore bench of the CESTAT have called it arbitrary, unreasonable and illegal.

Here's how you should play GMR, Cinemax now

In an interview to CNBC-TV18, SP Tulsian of sptulsian.com talked about the stock which has been under pressure is GMR and Cinemax promoters who sold stake to PVR for Rs 395 crore. He believes that the promoters of Cinemax have been able to extract very good valuations. With regards to FDI he said voting is positive news to break the lock-jam.

UltraTech, Lupin to replace SAIL, Sterlite in Nifty

UltraTech Cements and Lupin will replace SAIL and Sterlite in Nifty from September 28, 2012, reports CNBC-TV18. UltraTech Cement touched a 52-week high of Rs 1,731. At 09:16 hrs the share was quoting at Rs 1,723.00, up Rs 7.10, or 0.41%.

No role in cement cartel, allegations far from reality: JAL

Jaiprakash Associates, which has been indicted by competition watchdog CCI along with 10 other cement makers for forming price cartel, today said such allegations are far from reality, as market forces determine the price of the construction material.