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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.

ETMarkets.com|
Oct 24, 2017, 08.39 AM IST
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Sumeet Bagadia of Choice Equity Broking Private Ltd has a buy call on UltraTech Cement with a target price of Rs 4,350.

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.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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