ULCL1 trade ideas
Ultratech CementPrice testing strong resistance of Moving Average and 38.2 FR.
Target 1 - 3850
Target 2 - 3740
Stoploss - 4000
ULTRACEMCO LONGUltraTech Cement Ltd Cement & Cement Products
Market Cap.: ₹ 1,15,045.43 Cr.
Current Price: ₹ 4,189.40
Book Value: ₹ 952.94
Stock P/E: 45.58
Dividend Yield: 0.24%
Face Value: ₹ 10.00
Listed on BSE and NSE
Company Website
52 Week High/Low: ₹ 4,599.90 / ₹ 3,773.30
Dividend in Rs: 9.50
EPS: ₹ 91.11
Latest Annualized Cost of Equity: 9.86%
Latest Annualized Return on Equity: 9.19%
Cost of Equity based on Price to Earning Ratio: 10.46%
Return on equity: 11.51%
Forward Price to Earning Ratio: 6.34
Justified Price to Earning Ratio: 107.57
Estimated Price based on Forward EPS n Forward PE: ₹ 624.93
Price as per Justified PE: ₹ 9,800.81
Estimated Market Price Based on Return on Equity: ₹ 837.74
Market value of quoted investments: ₹ 720.12 Cr.
Sustainable Growth Rate: 8.44%
Retention Based Growth Rate: 8.26%
Profit growth: -10.87%
QoQ Profits: 7.93%
YOY Quarterly profit growth: -23.26%
Profit growth 3Years: 9.60%
Sales growth: 15.24%
Sales growth 3Years: 5.43%
Average Estimated Price: ₹ 3,754.49
Debt to equity: 0.35
Last result date: 2,01,712.00
Return on capital employed: 15.47%
Expected Dividend Next Year: ₹ 9.97
Promoter holding: 62.16%
Unpledged promoter holding: 62.16%
OPM latest quarter: 18.63%
Pledged percentage: 0.00%
Enterprise Value: ₹ 1,23,461.11
PEG Ratio: 12.35
Price to Sales: 3.97
Latest Enterprise Value: ₹ 1,16,770.60
Enterprise Value to Total Income: 4.15
Enterprise Value to Total Income to Firm Margin: 47.57
Firm Margin: 0.09%
Latest Ent Value to Total Income to Firm Margin: 46.24
Enterprise Value to EBIT: ₹ 26.35
Face value: ₹ 10.00
Price to book value: 4.40
Degree of Operating Leverage: 1.14
Degree of Financial Leverage: 1.29
SELLDAILY FINANCIAL WISDOM: The most consistent strategy you'll ever trade is the one that makes you feel the most comfortable...
Long idea UltraTECH CEMENTRounding bottom breakout followed by test of breakout zone and consolidation.
Target, SL as in chart.
short ultratech.stock is in long term uptrend...some profit booking on result day is expected supported by bearish harmonic pattern
ULTRATECH CEMENTRISING WEDGE GOING ON AS WELL AS VALID BEARISH WOLF WAVE ALSO CAN BE OBSERVE ON CHART ALONG WITH NEGATIVE DIVERGENCE . CHART MAY BECOME BEARISH BELOW 3500 CAN TUMBLE 3300
Negative RSI MACD divergence Short ultracemcoNegative RSI MACD divergence Short ultracemco with stop above trend line
