Motilal Oswal has buy call on UltraTech Cement with a target price of Rs 6650. The current market price of is Rs 6418.35.
UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 184591.96 Crore) operating in Cement sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 12522.03 Crore, up 19.38 % from last quarter Total Income of Rs 10489.10 Crore and up 19.01 % from last year same quarter Total Income of Rs 10521.95 Crore. Company reported net profit after tax of Rs 1584.60 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 60 per cent stake in the company as of Dec 30, 2020, while FIIs held 16.9 per cent, DIIs 14.2 per cent and public and others 9 per cent.
