Medium to Long term Target: Rs. 2066; STOP LOSS – Rs. 1690.73; Market Cap: Rs. 50,369.81 Cr; 52 Week High/Low: Rs. 2154.20 / Rs. 1212.05
|SALES (Rs. Crs)||18,158.30||20,705.50||24,384.50||29,484.40|
|NET PROFIT(Rs. Crs)||2,369.60||2,611.40||3,147.00||3,850.00|
I would buy UltraTech Cements LTD with a price target of Rs. 2066 for Medium to Long term. As I always say, I am a long term believer in markets & I do respect the markets and will keep a strict stop loss of 8 % or Rs. 1690.73 on every purchase.
*As the author of this blog I disclose that I do hold Ultra tech Cements LTD in my investment portfolio.