Profit

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

NSE
3944.40
Change Change %
31.45 0.80%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
3936.50
Change Change %
28.75 0.74%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
20-07-2017 Buy 4221.95 4862.00
N/A
Closed Long (1Y)
20-07-2018

Edelweiss maintains buy on Ultratech Cement

Ultratech Cement's realisation surged to a 5-year high in Q1 despite volume disappointment, says Edelweiss.While management has guided for a soft Q2FY18 factoring seasonal weakness in volumes & prices and transition cost related to consummation of JP Associates' (JPA) 21mtpa cement assets, it is confident of recovery thereafter. The company will be prime beneficiary of our positive sector outlook, maintain 'BUY' with revised TP of INR4,862 (INR4,422 earlier), it added.  

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