Sell UltraTech Cement, target Rs 4,300: Kunal Bothra

Independent analyst Kunal Bothra has a sell call on UltraTech Cement with a target price of Rs 4,300.

The current market price of UltraTech Cement is Rs 4,408.55.

Time period given by the analyst is 'Intra Day' when UltraTech Cement price can reach defined target.

Kunal Bothra recommended to keep stoploss at Rs 4,460.

UltraTech Cement, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 1,21,037.59 Crore) operating in Cement sector.

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 31-12-2017, the company has a total of 274,551,921 shares outstanding.