Ultratech Cement
Technical Levels
Ultratech Cement looks good on charts.
It has broken above the resistance of 3860 and now the next positional resistance is at 3940 levels.
A move above this level we can expect it to touch 4150--4270 levels.
Support is intact at 3640 level. We can expect weakness only if 3640 is breached on closing basis.
Fundamentals
With good fundamentals we can expect that our target is achieved.
Market Cap.: ₹
1,06,328.59 Cr.
Current Price: ₹
3,874.35
Book Value: ₹
783.81
Stock P/E: 45.08
Dividend Yield: 0.25%
Face Value: ₹ 10.00
