Buy UltraTech Cement target Rs 4,250: Kunal Bothra

Independent analyst Kunal Bothra has buy call on UltraTech Cement with a target price of Rs 4,250.

The current market price of UltraTech Cement is 4,055.95.

Time period given by analyst is intraday when UltraTech Cement price can reach defined target.

Kunal Bothra recommended to keep stoploss at Rs 3,950.

UltraTech Cement, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 1,09,474.22 crore) operating in Cement sector.

For the quarter ended 30-06-2017, the company has reported a Consolidated sales of Rs 7,034.67 crore, up 0.21 per cent from last quarter Sales of Rs 7,019.81 crore and up 7.60 per cent from last year same quarter Sales of Rs 6,537.83 crore.

Company has reported net profit after tax of Rs 897.90 crore in latest quarter.

The company’s top management includes Mr.Arun Adhikari, Mr.Atul Daga, Mr.D D Rathi, Mr.G M Dave, Mr.K K Maheshwari, Mr.Kumar Mangalam Birla, Mr.O P Puranmalka, Mr.S B Mathur, Mrs.Alka Bharucha, Mrs.Rajashree Birla, Mrs.Renuka Ramnath, Mrs.Sukanya Kripalu.

Company has Khimji Kunverji & Co. as its auditors.

As on 30-06-2017, the company has a total of 274,522,835 shares outstanding.