External broker reports(aggregated public sources), Sharekhan

Sharekhan

Sharekhan is India's leading broking house providing services from easy online trading, research to wide array of financial products. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>We maintain a Buy on UltraTech with a revised PT of Rs. 13,000, considering long-term growth potential led by structural demand drivers.</li><li>The company makes financial investment in India Cements acquiring ~23% stake for Rs. 1885 crore, valuing India Cements at ~$90/tonne.</li><li>Further, stake acquisition could not be ruled out at this stage. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

We maintain a Buy on UltraTech with a revised PT of Rs. 13,000, considering long-term growth potential led by structural demand drivers.The company makes financial investment in India Cements acquiring ~23% stake for Rs. 1885 crore, valuing India Cements at ~$90/tonne.Further, stake acquisition could not be ruled out at this stage. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

UltraTech Cement Ltd - Strategic Move to Secure Regional & Pan-India Leadership

Ultratech Cement

UltraTech Cement Ltd - Strategic Move to Secure Regional & Pan-India Leadership