Page 14 - Ultratech Cement

UltraTech Cement trades firm on strong operational performance in Q2

The company's consolidated net profit more than doubled at Rs 1,234 crore in Q2FY21, against Rs 579 crore in Q2FY20.

UltraTech Cement hits 7-month high; stock surges 7% in 3 days

The stock of the cement major was trading higher for the third straight day, ralling 7 per cent during the period and was trading at its highest level since March 6, 2020

Cement stocks rise; UltraTech, ACC gain 3%, Ambuja Cements hits 52-wk high

Analysts at Emkay Global Financial Services remain positive on the cement sector and expects industry volume to start improving from the January-March quarter (Q4FY21)

Nifty may face resistance in sub-11,350 zone: Gaurav Garg of Capital Via

We can witness short-covering move along with addition of fresh position only if Nifty breaches level of 11,350. Therefore, traders should try to create long position, keeping close eye on 11,200

Cement demand could not be sustained due to Covid-19 pandemic: K M Birla

Birla informed shareholders that cement demand for most of FY2020 was sluggish, with improvement expected December onwards

Nifty outlook and stock pick by HDFC Sec: Buy UltraTech Cement, Sanofi

NIfty has been forming higher tops and higher bottoms on the daily charts. Nifty is placed above 20,50,100 and 200 days moving averages, indicating bullish trend on all time frames

UltraTech Cement expects subdued performance as economy slows down

Leading cement maker UltraTech Cement expects a "subdued performance" in the wake of weak real estate and overall slowdown in the economy coupled with the impact of the coronavirus pandemic

UltraTech's strong operational performance in Q1 enthuses the street

Better-than-expected realisations and lower costs led to improvement in per-tonne profitability

UltraTech Cement June quarter profit down 36 per cent to Rs 806 cr

The cement manufacturer said it achieved 60 per cent capacity utilisation in first 68 operating days since the national lockdown

UltraTech Cement surges 7% on strong operational performance in Q1

Consolidated Ebitda margins improved to 31 per cent in Q1FY21 from 27 per cent in the corresponding quarter of previous year

Higher prices, lower costs to cushion Cement firms in June quarter

Virus-led disruption, availability of labour major concerns

Cement's strength will be tested if demand, volumes fail to pick up

Firm realisation and lower costs bode well for profitability

Radhakishan Damani looks to acquire controlling stake in India Cements

Damani, the owner of Avenue Supermarts, has informally reached out to the cement manufacturer's controlling shareholder

India Inc takes cautious approach to Covid disclosures mandated by Sebi

Most firms not indicating financial impact

Covid-19 impact: UltraTech Cement restricts FY21 capex to Rs 1,000 cr

In a regulatory filing, the Aditya Birla Group firm said the capital and financial resources of the company remain entirely protected

Improving profitability, low valuations offer comfort in UltraTech

Strong cost controls, lower diesel, petcoke and coal prices helped

Cement companies face hard truths as revival looks tough due to Covid-19

Manufacturers in India and China were anticipating growth on the back of an infrastructure splurge. The pandemic has forced them to cut back, and revival this year looks tough

Market Ahead, May 20: All you need to know before the opening bell

Reliance Industries will be in focus today as its mega rights issue opens today and closes on June 3

Nifty may face stiff resistance at 9,500 level: Gaurav Garg of CapitalVia

As per weekly option data, handful of put writing on lower strikes ranging from 9,200 to 9,400 is seen which shows Nifty would witness firm support in sub 9,200 zone

Here's a derivative strategy on Ultratech Cement by HDFC Securities

The stock price has broken out from the symmetrical triangle on the daily chart