Profit

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

NSE
3981.00
Change Change %
-50.95 -1.26%

Updated:20 Nov, 2018, 15:09 PM IST

BSE
3980.85
Change Change %
-52.75 -1.31%

Updated:20 Nov, 2018, 15:15 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Motilal Oswal
N/A
18-07-2017 Buy 4422.55 4936.00
N/A
Closed Long (1Y)
18-07-2018

Motilal Oswal maintains buy on UltraTech Cement

Motilal Oswal has maintained buy on UltraTech Cement for target price of Rs 4,936. It says JP Associate's acquisition is likely to result in PBT dilution of 19% in FY18 and 8% in FY19; we expect the acquired assets to break even in 1HFY20.While the earnings dilution is transitory, the asset creation is permanent and would add to UltraTech Cement's long-term competitive advantage.

Top