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Time of India
2 days ago
- Business
- Time of India
Buy UltraTech Cement, target price Rs 13,500: JM Financial
JM Financial has buy call on UltraTech Cement Ltd. with a target price of Rs 13500.0. The current market price of UltraTech Cement Ltd. is Rs 11107.35. UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 327681.28 crore) operating in the cement sector. UltraTech Cement's key products/revenue degments include Portland/Possolana Cement, Cement Grey, Other Operating Revenue, Scrap, Lease Rentals, Sale of services for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 23165.45 crore, up 32.85 % from last quarter Total Income of Rs 17437.62 Crore and up 12.70 % from last year same quarter Total Income of Rs 20554.55 crore. The company has reported net profit after tax of Rs 2485.56 crore in latest quarter. The company's top management includes Mangalam Birla, Kripalu, Duggal, Bharucha, Adhikari, Birla, Daga, Mr.K C Jhanwar, Mr.K K Maheshwari, Mr.S B Mathur. Company has KKC & Associates LLP as its auditors. As on 31-03-2025, the company has a total of 29 crore shares outstanding. Live Events Promoter/FII Holdings Promoters held 59.23 per cent stake in the company as of 31-Mar-2025, while FIIs owned 15.17 per cent, DIIs 16.52 per cent.
Economic Times
2 days ago
- Business
- Economic Times
Buy UltraTech Cement, target price Rs 13,500: JM Financial
JM Financial has buy call on UltraTech Cement Ltd. with a target price of Rs 13500.0. The current market price of UltraTech Cement Ltd. is Rs 11107.35. UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 327681.28 crore) operating in the cement sector. ADVERTISEMENT UltraTech Cement's key products/revenue degments include Portland/Possolana Cement, Cement Grey, Other Operating Revenue, Scrap, Lease Rentals, Sale of services for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 23165.45 crore, up 32.85 % from last quarter Total Income of Rs 17437.62 Crore and up 12.70 % from last year same quarter Total Income of Rs 20554.55 crore. The company has reported net profit after tax of Rs 2485.56 crore in latest quarter. The company's top management includes Mangalam Birla, Kripalu, Duggal, Bharucha, Adhikari, Birla, Daga, Mr.K C Jhanwar, Mr.K K Maheshwari, Mr.S B Mathur. Company has KKC & Associates LLP as its auditors. As on 31-03-2025, the company has a total of 29 crore shares outstanding. Promoter/FII Holdings Promoters held 59.23 per cent stake in the company as of 31-Mar-2025, while FIIs owned 15.17 per cent, DIIs 16.52 per cent. (You can now subscribe to our ETMarkets WhatsApp channel) Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.
Economic Times
02-05-2025
- Business
- Economic Times
Buy UltraTech Cement, target price Rs 13,510: Axis Securities
Axis Securities has maintained a Buy call on UltraTech Cement with an unchanged target price of Rs 13510. The current market price of UltraTech Cement is Rs 11765.9. UltraTech Cement, incorporated in 2000, is a Large Cap company with a market cap of Rs 349958.89 crore, operating in Cement sector. ADVERTISEMENT UltraTech Cement's key products/revenue segments include Portland/Possolana Cement, Cement Grey, Other Operating Revenue, Scrap, Lease Rentals, Sale of services for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 23165.45 crore, up 32.85% from last quarter Total Income of Rs 17437.62 crore and up 12.70% from last year same quarter Total Income of Rs 20554.55 crore. The company has reported net profit after tax of Rs 2485.56 crore in the latest quarter. The company's top management includes Mangalam Birla, Kripalu, Duggal, Bharucha, Adhikari, Birla, Daga, Mr.K C Jhanwar, Mr.K K Maheshwari, Mr.S B Mathur. Company has KKC & Associates LLP as its auditors. As on 31-03-2025, the company has a total of 29 crore shares outstanding. Investment Rationale ADVERTISEMENT The UltraTech Cement management has guided for double-digit volume growth for the company in FY26. Given the government's focus on infrastructure and housing projects, along with increased rural and urban demand, a sustainable volume growth of 7-8% is expected for the industry going forward. Pricing remains dynamic and will be determined by market forces. The current Valuation is 19xFY27E EV/EBITDA against earlier Valuation of 19x FY27E EV/EBITDA). Current target price is Rs 13,510/ share (Earlier TP: Rs 13,510/share). Axis Securities maintains its BUY recommendation on the stock. Promoter/FII Holdings Promoters held 59.23 per cent stake in the company as of 31-Mar-2025, while FIIs owned 15.17 per cent, DIIs 16.52 per cent. (You can now subscribe to our ETMarkets WhatsApp channel) Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of Please consult your financial adviser before taking any position in the stock/s mentioned.
Time of India
02-05-2025
- Business
- Time of India
Buy UltraTech Cement, target price Rs 13,510: Axis Securities
Agencies UltraTech Cement's key products/revenue segments include Portland/Possolana Cement, Cement Grey, Other Operating Revenue, Scrap, Lease Rentals, Sale of services for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 23165.45 crore, up 32.85% from last quarter Total Income of Rs 17437.62 crore and up 12.70% from last year same quarter Total Income of Rs 20554.55 crore. The company has reported net profit after tax of Rs 2485.56 crore in the latest quarter. The company's top management includes Mangalam Birla, Kripalu, Duggal, Bharucha, Adhikari, Birla, Daga, Mr.K C Jhanwar, Mr.K K Maheshwari, Mr.S B Mathur. Company has KKC & Associates LLP as its auditors. As on 31-03-2025, the company has a total of 29 crore shares outstanding. Live Events Investment Rationale The UltraTech Cement management has guided for double-digit volume growth for the company in FY26. Given the government's focus on infrastructure and housing projects, along with increased rural and urban demand, a sustainable volume growth of 7-8% is expected for the industry going forward. Pricing remains dynamic and will be determined by market forces. The current Valuation is 19xFY27E EV/EBITDA against earlier Valuation of 19x FY27E EV/EBITDA). Current target price is Rs 13,510/ share (Earlier TP: Rs 13,510/share). Axis Securities maintains its BUY recommendation on the stock. Promoter/FII Holdings Promoters held 59.23 per cent stake in the company as of 31-Mar-2025, while FIIs owned 15.17 per cent, DIIs 16.52 per cent. (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Axis Securities has maintained a Buy call on UltraTech Cement with an unchanged target price of Rs 13510. The current market price of UltraTech Cement is Rs 11765.9. UltraTech Cement, incorporated in 2000, is a Large Cap company with a market cap of Rs 349958.89 crore, operating in Cement Cement's key products/revenue segments include Portland/Possolana Cement, Cement Grey, Other Operating Revenue, Scrap, Lease Rentals, Sale of services for the year ending the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 23165.45 crore, up 32.85% from last quarter Total Income of Rs 17437.62 crore and up 12.70% from last year same quarter Total Income of Rs 20554.55 crore. The company has reported net profit after tax of Rs 2485.56 crore in the latest company's top management includes Mangalam Birla, Kripalu, Duggal, Bharucha, Adhikari, Birla, Daga, Mr.K C Jhanwar, Mr.K K Maheshwari, Mr.S B Mathur. Company has KKC & Associates LLP as its auditors. As on 31-03-2025, the company has a total of 29 crore shares UltraTech Cement management has guided for double-digit volume growth for the company in FY26. Given the government's focus on infrastructure and housing projects, along with increased rural and urban demand, a sustainable volume growth of 7-8% is expected for the industry going forward. Pricing remains dynamic and will be determined by market forces. The current Valuation is 19xFY27E EV/EBITDA against earlier Valuation of 19x FY27E EV/EBITDA). Current target price is Rs 13,510/ share (Earlier TP: Rs 13,510/share). Axis Securities maintains its BUY recommendation on the held 59.23 per cent stake in the company as of 31-Mar-2025, while FIIs owned 15.17 per cent, DIIs 16.52 per cent. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
