ULTRATECH CEMENT LTD
Long
Updated

ULTRA TECH CEMENT

1 549
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
Note
T1 Reached - 02/12/2022
Trade active
Infrastructure friendly budget on 2nd February

ultra tech cement may achieve the target very soon
Trade active
T2 Reached
Trade active
T3 Done - Trail stop loss

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