Ultratechcement Share Price Target 2022 , 2023 , 2024 , 2025

UltraTechCement Share Price Target Daily analysis of UltraSemco price action based on the short-term time frame is bullishly negative. This is not a strong downtrend especially if the time frame chosen is lower. UltraTech Cement weekly price action analysis is negative on a short to medium term time frame basis, but the trend is very volatile. Analysis of price behavior over the long term can give a better idea of ​​the effectiveness of this promotion.

UltraTechCement Share Price Target

The weekly analysis of UltraTech Cement price action on a short term time frame is negative, but sellers have been bullish on the stock lately. Forecast and target prices for UltraTech Cement UltraSemco shares for the day: 7234.88, 7267.4, 7202.35 down and 7393.73, 7426.25, 7520.05 up.

The above targets for a stock’s price are based on price movements and chart levels at which the stock has shown significant price action. This target, forecast or equity forecast should be used for reference and educational purposes only.

The data is provided for informational purposes only and is not intended for commercial purposes. Therefore, Fusion Media is not responsible for any commercial loss that you may incur as a result of your use of this data. The investment advice given comes solely from the individual perspective of the research team.

For NSE/BSE UltraTech Cement Limited stock prices, analysis, research report, news and other important data visit Edelweiss. Emkay Global has re-bought UltraTech Cement with a target price of Rs 8,500. Sharekhan is optimistic about UltraTech Cement, in his research report dated 22 July 2021, he recommended a buy to the stock with a target price of Rs 8,800.

UltraTechCement Share Price Target 2022, 2023, 2024, 2025

In this regard, CLSA outperforms UltraTech with the aim of raising the rating to Rs 8,000 per share. Over the past 3 years, earnings per share have grown by an average of 37% per year, but the company’s share price has only increased by 30% per year, meaning it lags far behind earnings growth.

The company reported strong second quarter results with improved earnings, revenue and profitability. On Thursday, the cement giant more than doubled its consolidated profit to Rs 1,700.03 for the quarter ended June 2021-2022 from Rs 793.08 in the same quarter last year.

UltraTech continued to delight in manufacturing activity in Q1 2020 despite strong volume growth, higher cement prices and lower operating costs despite the impact of COVID-19 in Q1 2020.

Operating expenses qoq per tonne were largely unchanged, but EBITDA/t increased by 13% qoq to INR 1,571 due to higher prices. Strong volume growth and stable prices on an annualized basis offset the impact of increased production costs. Raw material cost as a % of total sales (excluding inventory adjustments) increased from 11.32% to 12.74%.

While we expect industry output to decline by 25-30% in the near future due to COVID-related disruptions, this should be partially offset by better profitability at higher prices. We are increasing our multiple target to 35x (up 33x earlier) with better growth prospects and consistent profit margins.

UltraTech Cement Limited looks promising. As government and government spending increases, the outlook and valuations for the company look attractive, with UltraTech Cement shares at the current market price of Rs 3,200 with a target price of Rs 3,800. represent an impressive buy at Rs. , months of the time horizon.

Rajeev Kapoor is MDRT Stock Broker, Certified Mutual Fund Expert and Insurance Agent. Check your UltraTech Cement stock price target for daily stock price forecast and tomorrow UltraTech Cement for short term trade and long term investment.

These forecasts are based on some of the most widely used technical and fundamental indicators; Hence, they are expected to make accurate predictions. NSE and Nifty quotes are also available in real time and are licensed by National Stock Exchange.

The conversion cost is calculated as the difference between the settlement of the previous transaction and the previous day’s settlement during the period between the settlement of open opposites and the start of the subsequent trading day. In other periods, the conversion cost is calculated as the difference between the last transaction and the final settlement.

This indicator can help the traders to predict the stock prices and trade accordingly. The Aroon indicator is a technical indicator used to identify changes in asset price trends and the strength of the trend.

Get real-time UltraTech Cement Ltd stock price, market data, market depth, chart, news, basics, derivatives, market cap & results, and other company details. UltraTech will acquire Century’s cement business through a share swap agreement.

To read the rest of this article, first sign in to CW using SSO. UltraTech is the largest cement producer in India with a national production capacity of 111.4 million tonnes and a dominant market position in most sectors.

In the last three years, it has increased its capacity by about 30 tonnes through organic and inorganic methods. They have demonstrated their ability to successfully integrate acquired assets and increase their utilization cost-effectively.

UTCEM increased its market share in AF21 as it saw a 6% year-on-year growth in cement sales compared to industry sales, which were down 12% year-on-year for AF21. In terms of price hike, UTCEM increased the prices by Rs 10-15 per pack on October 21 to offset the price hike.

Further, with an investment of Rs 3,400, the company has completed the acquisition of UltraTech Nathdwara Cement Ltd.

On 26 July 2016, UltraTech Cement announced that the company had participated in the auction of coal bridges for the cement sector and received 95,000 tonnes of coal from Junadhi at a premium of Rs 80 per tonne as against the base price of Rs 970 per tonne. Was. mines in chhattisgarh

On 2 August 2016, UltraTech Cement announced that it had participated in a coal-bonded auction for an inland power plant sub-sector and had received 1.29 million tonnes of coal at a premium of Rs 100 per tonne over the price.

138,200 tonnes of coal from Gevra Road mines in Maharashtra with a minimum price of Rs 970 per tonne and New Kusmunda (NKCR) mines in Chhattisgarh from Rs 970 per tonne to Rs 125 per tonne surcharge.

On 9 May 2016, UltraTech Cement announced that its Board of Directors has approved a proposal to increase the investment limit for registered foreign securities investors from the existing 24% of paid-in share capital to 30% of paid-in share capital. . Society.

In strong first quarter results, UltraTech Cement share price hit a new high-brokers split of securities. In strong first quarter results, UltraTech Cement share price rose nearly 2.5% on Friday to hit a record high of Rs 7,630 per share.

In today’s BSE intraday trading. UltraTech Cement Ltd.’s profit grew 23.5%, and its share price had a compound annual growth rate of 15.5% over the past five years, indicating that the company’s share price may be undervalued.

According to Graham’s internal equation, you should invest in stocks if the current share price is low. You can buy this stock if the price hits the buy entry, or you can sell a short position if the price hits the sell entry. Along with this, we have also provided stop loss for both buy and sell purposes.

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