Page 79 - Tech Cement News Today

Q3FY21 Result Update - UltraTech Cement - ICICI Direct Posted On: 2021-01-27 09:00:23 (Time Zone: Arizona, USA) Cement demand remained buoyant in Q3FY21 also with east region operating almost at 100% capacity utilisation. Rest all other regions barring south operated at over 80% leading to average capacity utilisation of 80% for the company in Q3. Better asset utilisations and use of low cost fuel inventory kept cost of production down 5% YoY on a per tonne basis that helped the company to...

Read more about UltraTech Cement jumps 5%, hits new high on solid December quarter results on Business Standard. The companys net profit more than doubled to Rs 1,584 crore in the quarter ended December 31, 2020

Reliance Industries, Piramal Enterprises, UltraTech Cement: Top stocks for Investors today FOLLOW US ON: Story: The stock market on Friday closed in red witnessing a sharp decline of 1.5 percent. On the contrary, the indices on Monday, January 25 are expected to open in green as the SGX Nifty indicated a higher opening for the domestic market. The SGX Nifty was trading 129.50 points higher at 14,486.50. On January 22, the BSE Sensex had a negative closing at 48,878.54 witnessing a decline of 74...

Read more about Market Ahead, January 25: Top factors that could guide markets this week on Business Standard. The plan to revive the state-owned telecom companies BSNL and MTNL by merging the two entities is set to be shelved after almost two decades of deliberations on the matter

UltraTech Cement rose 4.8% to Rs 5790.70 after the company reported 122.8% surge in consolidated net profit to Rs 1584.58 crore on 17.4% increase in net sales to Rs 12,254.12 crore in Q3 December 2019.Profit before tax surged 133.8% to Rs 2331.98 crore in Q3 December 2020 over Q3 December 2019. Current tax expense soared to Rs 408.92 crore in Q3 December 2020 as against Rs 165.3 crore in Q3 December 2019. EBITDA jumped 57% to Rs 3362 crore in Q3 December 2020 from Rs 2147 crore recorded in Q3 D...

Bears are also seeing this as an opportunity to hammer the overvalued market. The market was trading at frothy valuations, said analysts, who expected consolidation going ahead.

UltraTech’s sizzling Q3 makes analysts project strong stock gains SECTIONS Share Synopsis Analysts expect the cement giant to benefit the most from the rebound in domestic demand given that the effects of COVID-19 pandemic are steadily fading to the background. Reuters Goldman Sachs, DAM Capital and Haitong Securities have raised their price targets by 10-14 per cent for UltraTech Cement. INSIGHTS NSE Explore Now MUMBAI: Analysts were enthusiastic about the prospects for UltraTech Cement’s...

Stocks in the news | RIL, Yes Bank, Tata Motors, Oberoi Realty, Gland Pharma, JM Financial, IIFL Finance Birla Corp, UltraTech Cement, Supreme Industries, Mahindra Lifespace, Piramal Enterprises, Grasim Industries, Crompton Greaves Consumer, Yes Bank, JSW Steel, Polycab India, Cadila Healthcare, Tata Power, HDFC Life Insurance are also among the stocks in focus today. Here are some of the stocks in the news today. Reliance Industries | The company reported higher consolidated profit at ...

URL copied UltraTech Cement shares gain over 5 percent on Q3 earnings boost Shares of UltraTech Cement on Monday gained over 5 per cent after the company more than doubled its consolidated net profit in the October-December quarter of FY2021. The stock jumped 5.40 per cent to a one-year high of Rs 5,829.90 on the BSE. On the NSE, it gained 5.36 per cent to its 52-week high of Rs 5,831.80. Aditya Birla group firm UltraTech Cement on Saturday reported over two-fold jump in consolidated ...

Stocks to watch today on January 25: RIL, YES Bank, JM Financial, Gland Pharma, JSW Steel, Tata Motors among others are the top stocks to watch out for in Mondays trading session