Independent Analyst Kunal Bothra has a buy call on UltraTech Cement with a target price of Rs 4400. The current price of UltraTech Cement Ltd. is Rs 4274.0 Time period given by the analyst is Intra Day when UltraTech Cement Ltd. price can reach defined target. . Kunal Bothra recommended to keep a stoploss at Rs 4150 .
UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 123355.34 Crore) operating in Cement sector.
UltraTech Cement Ltd. key Products/Revenue Segments include Portland/Possolana Cement which contributed Rs 35103.39 Crore to Sales Value (98.31 % of Total Sales), Other Operating Revenue which contributed Rs 530.20 Crore to Sales Value (1.48 % of Total Sales), Scrap which contributed Rs 68.52 Crore to Sales Value (0.19 % of Total Sales), Sale of services which contributed Rs 1.37 Crore to Sales Value (0.00 % of Total Sales), Lease Rentals which contributed Rs .02 Crore to Sales Value (0.00 % of Total Sales)for the year ending 31-Mar-2019.
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 10353.80 Crore, up 7.62 % from last quarter Sales of Rs 9620.47 Crore and up 10.27 % from last year same quarter Sales of Rs 9389.62 Crore Company has reported net profit after tax of Rs 711.15 Crore in latest quarter.
The company’s top management includes Mr.Arun Adhikari, Mr.Atul Daga, Mr.K C Jhanwar, Mr.K K Maheshwari, Mr.Kumar Mangalam Birla, Mr.S B Mathur, Mrs.Alka Bharucha, Mrs.Rajashree Birla, Mrs.Sukanya Kripalu, Mrs.Usha Sangwan. Company has Khimji Kunverji & Co. as its auditoRs As on 31-12-2019, the company has a total of 288,618,016 shares outstanding.
Source: Economic Times
