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UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 214605.10 Crore) operating in Cement sector.
UltraTech Cement Ltd. key Products/Revenue Segments include Portland/Possolana Cement, Other Operating Revenue, Scrap, Sale of services, Lease Rentals for the year ending 31-Mar-2021.
For the quarter ended 31-12-2021, the company has reported a Consolidated Total Income of Rs 13055.43 Crore, up 7.39 % from last quarter Total Income of Rs 12156.83 Crore and up 4.26 % from last year same quarter Total Income of Rs 12522.03 Crore. Company has reported net profit after tax of Rs 1709.38 Crore in latest quarter.
Investment Rationale
The brokerage continues to remain positive on the company on back of its strong business model, high operating margins, improving balance sheet, growing retail market share, brand transition, optimization of acquired business and capacity expansion. It maintains BUY rating on the stock with a target price of ₹9000 per share.
Promoter/FII Holdings
Promoters held 59.96 per cent stake in the company as of 31-Dec-2021, while FIIs owned 15.74 per cent, DIIs 15.15 per cent.
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