The company's total income has increased by 7.54% at Rs.6,241 crore for the quarter against Rs.5978.3 crore in the corresponding quarter of the previous year.
The company recorded a rise of 36.5% in its net profit at Rs. 546 crore for the quarter ended December 31, 2015 as compared to Rs. 400 crore for the quarter ended December 31, 2014.
The company's total income has increased by 7.54% at Rs.6,241 crore for the quarter against Rs.5978.3 crore in the corresponding quarter of the previous year.
Net sales in third quarter stood at Rs.6,100 crore, up 4.7% from Rs. 5825 crore in the year-ago period.
During the quarter under review, Operating margin were at 19.26% compared with 17.1%.
Stock Commentary:
UltraTech Cement Ltd is currently trading at Rs. 2638.85, down by Rs. 5.65 or 0.21% from its previous closing of Rs. 2644.5 on the BSE.
The scrip opened at Rs. 2638.7 and has touched a high and low of Rs. 2677 and Rs. 2581.95 respectively. So far 262485(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 72571.2 crore.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3399 on 04-Mar-2015 and a 52 week low of Rs. 2530.8 on 07-May-2015. Last one week high and low of the scrip stood at Rs. 2707.9 and Rs. 2581.15 respectively.
The promoters holding in the company stood at 61.69 % while Institutions and Non-Institutions held 25.53 % and 11.04 % respectively.
The stock is currently trading above its 200 DMA.
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