UltraTech Cement Q4 Results Date, UltraTech Cement is a leading cement manufacturer in India and is part of the Aditya Birla Group, which is one of the largest conglomerates in India.
The company was established in 1983 and has since grown to become the largest cement producer in India and one of the top cement companies in the world.
UltraTech Cement produces a wide range of cement products that are used in various construction projects, including residential, commercial, and infrastructure projects.
Company offers different types of cement, including Ordinary Portland Cement, Portland Pozzolana Cement, and Portland Blast Furnace Slag Cement, among others.
In addition to cement, UltraTech Cement also produces ready-mix concrete, building products, and specialty cement products.
The company has a strong distribution network that covers India, the Middle East, and other countries, and has a strong presence in both rural and urban markets.
UltraTech Cement is committed to sustainability and has implemented various initiatives to reduce its environmental impact, such as using renewable energy sources, promoting the use of fly ash, and adopting water conservation measures.
The company has also won numerous awards and accolades for its sustainability efforts, including being recognized as one of the world’s most sustainable companies by Corporate Knights.
UltraTech Cement Q4 Results Date 2023
UltraTech Cement send letter to BSE on 1 March 2023. “write to inform that a meeting of the Board of Directors of the Company will held on Friday, 28th April, 2023, inter alia, to consider and approve the Standalone and Consolidated Audited Financial Results of the Company for the year ended 31 st March, 2023.
Recommend dividend, if any, on the equity shares of the Company for the year ended 31st March, 2023. UltraTech Cement don’t gave any dividends to its shareholder from last 4 quarters. Chances are very high that company announce dividend in this quarter.
Brokerage Expectations from UltraTech Cement
IDBI Capital Positive on UltraTech Cement and give “buy” rating on the stock with a revised target price of ₹7,965 apiece from ₹7,455 earlier.
Motilal Oswal maintain buy rating on the stock, given the company’s robust expansion plans and structural cost improvement, and raised the target price to ₹7,875 apiece from ₹7,770 earlier.
HDFC Securities said it likes the company for its strong growth and margin outlook and balance sheet, management. The brokerage keeps its “buy” call on the stock with a target price of Rs. 8,100 per share.
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