INSUBCONTINENT EXCLUSIVE:
Sagar Doshi of Edelweiss Financial Services has a buy call on UltraTech Cement Ltd
with a target price of Rs 4500.0
The current price of UltraTech Cement Ltd
Sagar Doshi recommended to keep a stoploss at Rs 4100
UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 122405.79 Crore) operating in
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 30-09-2019, the company has reported a Consolidated sales of Rs 9620.47 Crore, down -5.47 % from last quarter Sales
of Rs 10177.63 Crore and up 4.01 % from last year same quarter Sales of Rs 9249.26 Crore Company has reported net profit after tax of Rs
578.79 Crore in latest quarter
Puranmalka, Mr.Kumar Mangalam Birla, Mr.K K Maheshwari, Mr.G M Dave, Mr.D D Rathi, Mr.Atul Daga, Mrs.Sukanya Kripalu
LLP as its auditoRs As on 16-10-2019, the company has a total of 288,613,666 shares outstanding.