|
12 Sep 2025 |
UltraTech Cement
|
Consensus Share Price Target
|
12370.00 |
13629.86 |
- |
10.18 |
buy
|
|
|
|
|
08 Feb 2023
|
UltraTech Cement
|
IDBI Capital
|
12370.00
|
8300.00
|
7250.35
(70.61%)
|
Target met |
Buy
|
|
|
|
|
31 Jan 2023
|
UltraTech Cement
|
Geojit BNP Paribas
|
12370.00
|
7670.00
|
7085.55
(74.58%)
|
Target met |
Buy
|
|
|
|
|
24 Jan 2023
|
UltraTech Cement
|
IDBI Capital
|
12370.00
|
7965.00
|
6809.70
(81.65%)
|
Target met |
Buy
|
|
|
|
|
23 Jan 2023
|
UltraTech Cement
|
Bonanza
|
12370.00
|
|
7177.15
(72.35%)
|
|
Strategy Note
|
|
|
The Ultratech Cement has completed an ‘Inverted Head and Shoulder’ pattern, very bullish and in a throwback, the neckline has tested. The overlapping zone, Q1 and Q2 21-22 is working as resistance. Once this zone gets cut, there will be a strong up move. The current trend is bullish.
|
|
23 Jan 2023
|
UltraTech Cement
|
ICICI Direct
|
12370.00
|
8050.00
|
6849.75
(80.59%)
|
Target met |
Buy
|
|
|
|
|
23 Jan 2023
|
UltraTech Cement
|
Motilal Oswal
|
12370.00
|
7875.00
|
6849.75
(80.59%)
|
Target met |
Buy
|
|
|
|
|
23 Jan 2023
|
UltraTech Cement
|
SMC online
|
12370.00
|
|
6849.75
(80.59%)
|
|
Results Update
|
|
|
|
|
23 Jan 2023
|
UltraTech Cement
|
ICICI Securities Limited
|
12370.00
|
8350.00
|
7177.15
(72.35%)
|
Target met |
Buy
|
|
|
UltraTech Cement’s (UTCEM) Q3FY23 consolidated EBITDA at Rs23.4bn (down 3.5% YoY) was below our estimate but in line with consensus. Grey cement realisation rose marginally by ~0.5% QoQ, due to: 1) likely higher despatches in non-trade segment, and 2) sequentially flat contribution (18.8%) from premium cement.
|
|
04 Nov 2022
|
UltraTech Cement
|
Edelweiss
|
12370.00
|
7653.00
|
6893.05
(79.46%)
|
Target met |
Buy
|
|
|
Ultratech, with pan-India presence, is the market leader in the domestic cement industry with capacity of 115.9mtpa in India. With 5.4mtpa capacity overseas, its consolidated capacity is 121.3mtpa.
|
|
20 Oct 2022
|
UltraTech Cement
|
ICICI Securities Limited
|
12370.00
|
9000.00
|
6302.30
(96.28%)
|
|
Buy
|
|
|
UltraTech Cement’s (UTCEM) Q2FY23 consolidated EBITDA at Rs18.7bn (down 31% YoY) was in line with our estimates but slightly below consensus.
|