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Sell UltraTech Cement, target of Rs 526: IIFL
Posted on: May 28th 2009 in Brokerage Recommendations.
IIFL has downgraded its rating on UltraTech Cement from add to sell with a target price of Rs 526 in its May 25, 2009 research report. “We expect sharp erosion in cement realisation from 3QFY10 in the southern and western re…
Hold UltraTech Cement: Sharekhan
Posted on: April 22nd 2009 in Brokerage Recommendations.
Sharekhan has maintained its hold rating on UltraTech Cement in its April 21, 2009 research report. “UltraTech Cement (UltraTech) reported a revenue growth of 16.2% year on year (yoy) to Rs 1,860.1 crore during Q4FY2009. …
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