BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Medium (6M)
Emkay Recommends 'Buy' On UltraTech Cement
According to Emkay, steep hikes in cement prices across regions are expected to drive earnings improvement for cement makers in the first quarter of 2019-20. UltraTech Cement, one of Emkay's preferred picks in the cement sector, is expected to register higher sales and realisation which should lead to an EBITDA growth of 48.5 per cent for the company, the brokerage adds.