Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
4043.80
Change Change %
67.35 1.69%

Updated:21 Nov, 2018, 15:59 PM IST

BSE
4054.70
Change Change %
78.20 1.97%

Updated:21 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nirmal Bang
N/A
26-04-2016 Buy 3260.70 3307.00
N/A
Target Hit Long (1Y)
26-04-2017

Nirmal Bang downgrades Ultratech to accumulate

Ultratech's volume growth was much higher than expectation which offset the impact of weak realisation. The decline in operating costs was also much better on account of a sharp reduction in power and fuel costs. Stock downgraded because of 26 per cent uptick in its price over the past three months.

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