Motilal Oswal has buy call on UltraTech Cement with a target price of Rs 8110. The current market price of is Rs 6910.35.
UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 201216.00 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 16.8 per cent, DIIs 14.1 per cent and public and others 9.1 per cent.
