Ultratech Cement is the largest cement company in India and 3rd largest cement company in the world (ex-china) and is the largest cement manufacturer in India It is also the only cement producer outside of China to have 100+ MnTPA of manufacturing capacity in a single country , formed inverse Head and shoulder pattern , above 10 , 21, 63 , 100 , 200 EMA , looking bullish.
Refer targets marked in the chart - recommended for longterm
Market Cap ₹ 197,633 Cr.
Current Price ₹ 6,845
Stock P/E 29.7
ROCE
14.3 %
ROE
15.2 %
Debt
₹ 12,876 Cr.
Pledged percentage
0.00 %
Debt to equity
0.25
Reserves
₹ 51,197 Cr.
Price to book value
3.83
Int Coverage
10.2
PEG Ratio
1.35
Refer targets marked in the chart - recommended for longterm
Market Cap ₹ 197,633 Cr.
Current Price ₹ 6,845
Stock P/E 29.7
ROCE
14.3 %
ROE
15.2 %
Debt
₹ 12,876 Cr.
Pledged percentage
0.00 %
Debt to equity
0.25
Reserves
₹ 51,197 Cr.
Price to book value
3.83
Int Coverage
10.2
PEG Ratio
1.35
Note
T1 Reached - 02/12/2022Trade active
Infrastructure friendly budget on 2nd February ultra tech cement may achieve the target very soon
Trade active
T2 ReachedTrade active
T3 Done - Trail stop lossDisclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.