Ultratech cement share price

  1. Cement stocks shine on improved earnings growth prospects in FY24
  2. UltraTech Cement Limited (ULTRACEMCO.NS) Stock Price, News, Quote & History
  3. ultratech cement share price: Big Movers on D Street: What should investors do with Ultratech Cement, Mazagon and Persistent Systems?
  4. UltraTech Cement Share Price Today
  5. UltraTech Cement Share Price Today (16 Jun, 2023)


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Cement stocks shine on improved earnings growth prospects in FY24

During the March quarter, as per the data compiled by Mint for 49 cement manufacturers, although the adjusted Companies like UltraTech and Shree Cement saw their Ebitda per tonne improve sequentially by ₹146 and ₹130 a tonne, respectively, as per calculations of analysts at ₹1,049 and ₹1,011, respectively. Ambuja Cement and Dalmia Bharat were not far behind with per tonne Ebitda at ₹977 and ₹955, respectively and ACC saw an improvement of ₹58 a tonne to ₹549. This was helped by a good demand scenario that translated into improved volume trajectory. The declining raw material prices provided a significant boost to profitability even though cement prices did not see much improvement. The trend is likely to sustain in the ongoing quarter too, said analysts. With demand remaining strong, companies are expected to see volume growth pace continuing. Rajesh Ravi, senior analyst at The demand outlook remains favorable during FY24 with the government spending on infrastructure likely to propel growth. The ongoing quarter (April-June), that is seasonally strong for construction activities, is anticipated to see much higher volume growth. Cement demand in the ongoing quarter remains favorable across regions, said Mangesh Bhadang, research analyst at Centrum Institutional Research. Volume growth thereby will remain strong in the ongoing quarter with April-May likely to have seen double-digit volume growth. Costs too are expected to see further decline during the ongoing quarter with p...

UltraTech Cement Limited (ULTRACEMCO.NS) Stock Price, News, Quote & History

Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected. Reuters India's UltraTech Cement Q4 profit falls over 32% on higher energy costs India's top cement maker UltraTech Cement Ltd reported a 32.3% fall in fourth-quarter profit on Friday, missing analysts' expectations, dented by a surge in power and fuel expenses. Power and fuel expenses soared 33.8% from a year ago, while raw material costs surged due to an increase in the cost of fly ash, slag and gypsum, the cement maker said. While UltraTech's consolidated sales volume for the quarter rose 14% year on year, cement prices remained muted through the quarter, analysts had said.

ultratech cement share price: Big Movers on D Street: What should investors do with Ultratech Cement, Mazagon and Persistent Systems?

Synopsis Benchmark indices remained stable as investors remained on the sidelines before the Reserve Bank of India's interest rate decision later in the week. The Sensex grew a trivial 5 points to 62,792 and the Nifty ended at 18,599 levels, while banking, auto, and financials emerged as winners, and FMCG, IT, and pharma as laggards. Ultratech Cement and Mazagon Dock Shipbuilders are both suggested as "Buys" by Pravesh Gour, Senior Technical Analyst at Swastika Investmart, while Persistent Systems is viewed positively as well. Benchmark indices settled flat in highly volatile trade on Tuesday as investors preferred to stay on the sidelines ahead of the Reserve Bank of India's interest rate decision later this week. The Sensex rose a mere 5 points to 62,792, while the Nifty ended at 18,599 levels. Among the sectors, banking, auto, financials were the gainers, while FMCG, IT and pharma stocks emerged as laggards. Stocks that were in focus include names like Here's what Pravesh Gour, Senior Technical Analyst at Swastika Investmart, recommends investors should do with these stocks when the market resumes trading today: Ultratech Cement -- Buy The counter is in a strong uptrend where it is breaking out of a triangle formation; a breakout is confirmed above Rs 8000. Mazagon Dock Shipbuilders -- Buy The stock has given a bullish inverse head and shoulder formation breakout with a surge in volumes. The overall structure is looking lucrative as it trades above its all-important mov...

UltraTech Cement Share Price Today

UltraTech Cement Limited is an India-based company engaged in the business of cement and cement related products. The Company manufactures a range of products that cater to construction needs from foundation to finish, including Ordinary Portland Cement (OPC), Portland Blast Furnace Slag Cement (PSC), Portland Pozzolana Cement (PPC), white cement and white cement-based products, ready mix concrete, including specialty concrete, building products, such as aerated autoclaved concrete (AAC) blocks and joining mortars and a host of others in retail formats. The Company’s products include UltraTech Cement, UltraTech Concrete, UltraTech Building Products, Birla White Cement and White Topping Concrete. Its UltraTech Building products range includes tiles adhesives, repair products (MICROKRETE and BASEKRETE), waterproofing products, industrial and precision grout, plasters (READIPLAST, SUPER STUCCO), masonry products (FIXOBLOCK), light weight autoclaved aerated concrete block.;

UltraTech Cement Share Price Today (16 Jun, 2023)

NAME P/E (x) P/B (x) ROE % ROCE % ROA % Rev CAGR [3Yr] OPM NPM Basic EPS Current Ratio Total Debt/ Equity (x) Total Debt/ CFO (x) 47.51 4.42 9.31 12.11 5.54 13.80 13.02 8.01 175.63 0.89 0.18 0.00 47.29 2.35 8.14 10.48 4.99 16.52 10.82 7.69 13.01 1.67 0.00 0.00 71.08 2.46 6.26 9.56 4.30 12.05 6.41 3.91 47.13 1.64 0.00 0.00 39.97 2.71 6.78 10.02 3.72 0.90 8.12 4.43 4.38 1.31 0.12 0.00 Add More • Stock Returns vs Nifty 100 Stock gave a 3 year return of 123.2% as compared to Nifty 100 which gave a return of 83.77%. (as of last trading session) • Stock Returns vs Nifty Infrastructure Stock generated 123.2% return as compared to Nifty Infrastructure which gave investors 90.38% return over 3 year time period. (as of last trading session) Meeting Date Announced on Purpose Details Jul 21, 2023 Jun 01, 2023 Board Meeting Quarterly Results Apr 28, 2023 Mar 01, 2023 Board Meeting Audited Results & Final Dividend Jan 21, 2023 Jan 03, 2023 Board Meeting Quarterly Results Oct 19, 2022 Sep 30, 2022 Board Meeting Quarterly Results Jul 22, 2022 Jul 04, 2022 Board Meeting Quarterly Results • About UltraTech Cem. UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 240,568.11 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-2022. For the quarter ended 31-03-2023, the company has re...