New assets, falling debt, better realisation justify UltraTech’s valuation
The upshot? Analysts have already raised EPS targets 6-10 per cent for FY21.
Your ESOPs can be HNIs’ investment opportunity
Employee stock options, including those in unlisted companies, is a new bet many institutions ...
UltraTech profit up 80% on lower costs
Revenue down to Rs 10,353 crore; EBITDA rises 23.7% to Rs 1,973 crore with margin surging to 19.1%
Will current beta rally in stock market sustain?
In the current stock market rally, many high beta stocks have outperformed sharply for over two months. Investors should be choosy as some low-quality stocks may also get swept up in the rising tide.
Market Movers: Zensar takes a knock; Westlife, Godrej & UltraTech get high
The 30-share pack gained 226.79 points while its NSE counterpart Nifty jumped 67.90 points
UltraTech’s RoCE jumps to 11% in Q3: Key takeaways
UltraTech on Friday missed Street estimates despite posting 48.64 per cent rise in standalone profit at Rs 643.15 crore for December quarter. Analysts in an ETNow poll had projected the number at Rs 740 crore. Revenue came in almost flat at Rs 9,981.75 crore against Rs 9,938.11 crore. Analysts were expecting a top line of Rs 10,300 crore.
UltraTech Q3 results: Profit surges 49% to Rs 643 crore, misses Street estimates
Analysts in an ET NOW poll had estimated the number at Rs 740 crore.
Board Meetings Today: Bank of Baroda, Prestige Estates, JSW Steel, UltraTech and Aavas Financiers
Indian Bank, Prestige Estates and EIH are some of the companies which will report their Decemner quarter earnings today.
Stocks in the news: Coffee Day, UltraTech Cement, Sterling & Wilson, JSW Steel and SpiceJet
Punjab National Bank (PNB) has scrapped its plan to sell shares in its mortgage lending subsidiary PNB Housing Finance.
UltraTech Cement Q3 results preview: Profit may double, volume growth seen at 2-3%
Analysts said demand for cement improved in December as construction activity picked up.
We are trying out an AMC model where clients are charged only on profits: Nikhil Kamath
We would always try to match the fund with about 10% to 15% of personal capital.
Nuvoco emerges front-runner to buy Emami Cement business for up to Rs 6,000 cr
The group that now has a capacity of 11 million tonnes is trying to consolidate its position in the industry that is 40% dominated by the biggest two players — Ultra-Tech Cement and Ambuja.
Should I continue to invest in Axis Gold Fund?
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Samsung Galaxy S20 likely to have 6.7-inch screen, sport a microSD card slot
Galaxy S20, which will be unveiled on February 11, 2020, is expected to have a top-end variant, the S20 Ultra.
FOMO driving consumer stocks higher, says Deepak Shenoy
We are also very fond of City Union Bank and Bandhan Bank, says Shenoy.
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