Buy UltraTech Cement, target price Rs 13000: Motilal Oswal
UltraTech Cement Ltd. with a target price of Rs 13000. The current market price of UltraTech Cement is Rs 11401.75. UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 325024.10 Crore) operating in Cement sector.
UltraTech Cement Ltd. key Products/Revenue Segments include Portland/Possolana Cement, Cement Grey, Other Operating Revenue, Scrap, Sale of services, Lease Rentals for the year ending 31-Mar-2023.
Financials For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 18235.30 Crore, down -11.28 % from last quarter Total Income of Rs 20554.55 Crore and up 1.81 % from last year same quarter Total Income of Rs 17910.83 Crore. Company reported net profit after tax of Rs 1692.33 Crore in latest quarter.
Promoter/FII Holdings Promoters held 59.99 per cent stake in the company as of 30-Jun-2024, while FIIs owned 18.15 per cent, DIIs 13.79 per cent.
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