ICICI Securities has buy call on UltraTech Cement with a target price of Rs 8880. The current market price of UltraTech Cement is Rs 7347.7.
Time period given by analyst is one year when UltraTech Cement Ltd. price can reach defined target.
UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 212655.50 Crore) operating in Cement sector.
UltraTech Cement Ltd. key Products/Revenue Segments include Portland/Possolana Cement, Other Operating Revenue, Scrap, Sale of services, Lease Rentals for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 12156.83 Crore, up 1.01 % from last quarter Total Income of Rs 12034.71 Crore and up 15.90 % from last year same quarter Total Income of Rs 10489.10 Crore. Company reported net profit after tax of Rs 1310.26 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 59.96 per cent stake in the company as of 30-Sep-2021, while FIIs owned 16.48 per cent, DIIs 14.51 per cent.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
Stay connected with us on social media platform for instant update click here to join our Twitter, & Facebook
We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.
For all the latest Business News Click Here
For the latest news and updates, follow us on Google News.
Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
