BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Religare maintains buy on UltraTech Cement
Religare has maintained 'buy' call on UltraTech Cement for target price of Rs 3,300 per share. It expects revenues to grow at compounded annual growth rate of 14 per cent over FY16-18. Religare adds that UltraTech Cement offers the best opportunity to play the cement sector in India and the stock can continue to outperform in the near term.