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“UltraTech is confident of weathering the storm of increase in input costs, with its sustainable efficiency improvement programs, accompanied by increase in selling price to absorb the increase in costs,” the company said.
Is it good to invest in UltraTech cement?
Currently, UltraTech is trading 14.2 times the forward estimates of its FY23 earnings, it said. “On the backs of higher demand outlook and better than expected profitability we assigned 16x FY23E EV/EBITDA which translates in a price target of Rs 8,600 per share with potential upside,” the brokerage said.
Which share is best in cement industry?
Summary Table of the Best Cement Stocks to buy now in India
| Sr.No | Company Name | BSE Scrip Code |
|---|---|---|
| 1 | Ultra Tech | 532538 |
| 2 | Shree Cements | 500387 |
| 3 | Ambuja | 500425 |
| 4 | ACC | 500410 |
Why share price is increasing in cement?
: The India Cements Ltd on Wednesday said price of cement would increase as every cement factory faces “pressure on cost” and the industry was suffering from the huge impact of rise in coal price.
What is the future of UltraTech Cement?
UltraTech announced setting up a 3.5-million-tonne (mt) cement plant in Pali, Rajasthan, estimated to start production by June 2020. Earlier, in the September quarter, it had announced an integrated 3.5-mt cement plant in Dhar, Madhya Pradesh, which is to commence production in the March quarter of 2019.
Is UltraTech weather plus cement good?
It produces high strength concrete which is durable and highly resistant to wet cracking and thermal cracking. Ultratech Weather Plus cement has high degree of cohesion and workability in concrete and mortar. This blended cement is suitable for commercial and residential structures.
Will Arvind share price go up?
ARVIND is trading in the upper range of yearly prices. ARVIND is trading in the lower range of the quarterly prices….Arvind ARVIND share price targets.
| Upside intraday target | 117.54 |
|---|---|
| Upside short term target | 119.12 |
| Downside mid term target | 110.43 |
| Downside long term target | 92.78 |
Is UltraTech Cement Limited a good stock to invest in?
If you are looking for stocks with good return, UltraTech Cement Limited can be a profitable investment option. UltraTech Cement Limited quote is equal to 7829.450 INR at 2021-09-16. Based on our forecasts, a long-term increase is expected, the “ULTRACEMCO” stock price prognosis for 2026-09-11 is 12160.40 INR.
What is the ultracemco stock price prediction for 2026-09-11?
Based on our forecasts, a long-term increase is expected, the “ULTRACEMCO” stock price prognosis for 2026-09-11 is 12160.40 INR. With a 5-year investment, the revenue is expected to be around +55.32\%. Your current $100 investment may be up to $155.32 in 2026.
When are the dynamic price bands of 10\% applicable?
The dynamic price bands of 10\% applicable, for securities in derivatives or securities included in indices on which derivative products are available, may be relaxed intra-day in the event of a market trend in either direction (upper/lower) in co-ordination with other Exchanges.