Buy UltraTech Cement, target Rs 4,350: Sumeet Bagadia
Buy UltraTech Cement at a price target of Rs 4,350 and a stop loss at Rs 4,100 from entry point.
The current market price of UltraTech Cement is Rs 4,209.05.
Time period given by the analyst is intraday when UltraTech Cement price can reach defined target.
Sumeet Bagadia recommended to keep a stop loss at Rs 4,100.
UltraTech Cement, incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 1,15,552.65 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 30-09-2017, the company has a total of 274,533,795 shares outstanding.