Portfolio investment Stock of Aditya Birla Group

 Ultratech cement share hold or sell:

That company of Aditya Birla Group, which would be a good thing to have in every investor's portfolio, because this company of Aditya Birla Group has made its shareholders rich.  Portfolio investment Stock of Aditya Birla Group

Today, we will talk about a cement sector company that has made its product identity in the market over the years and has won the trust of the people. Today we will talk about Ultra Tech Cement. A brand in the cement sector that is trusted by all from big builders to small builders, even when a new house is built, we must have heard from the home builder that if cement is to be made to build a house, then ultra Tech Cement is the best of all.. Let us discuss the financials of this company today.

If we talk about the stock price of UltraTech Cement, then in the last 1.5 years has given more than double the return to its company shareholders.

Ultra Tech Cement Company, which gave more than 50% return in the last 1.5 years, has also attracted new investors. If we talk about its competitors whose presence in the market is also good, then first of all Shree Cement & Acc Cement comes first.

On the other hand, the performance of Ambuja Cement has not been so good. Investors invest in any company only when the management of that company is strong and the demand for the product of that company is in the market.

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Ultra Tech Cement Fundamental Analysis:

If you check the balance sheet of Ultra Tech Cement, then there are very high levels and that is the reason why Ultra Tech Cement stock has seen such a huge jump. The management of Ultra Tech Cement Company has significantly reduced the net debt of the company in the last few years. The company management says that there will be no net debt on the balance sheet till FY23. This is a good sign that investors have given thumbs up.

If we check the June quarter 2021 results of UltraTech Cement, the company's revenue on year-on-year basis is more than 52% and the company has locked more than 11,600 plus revenue in its books. Talking about the profit of Ultra Tech Cement, a profit of more than 1700 crores can be seen in the financial reports of the company, there has been a slight decrease in profit due to Corona, but all these investors were expected due to covid 19, every company operations were closed.

Ultra Tech Cement's earnings have seen a jump of almost 50% which was more than 3500 crores. In this way, EBITDA has increased. The management of Ultra Tech Cement has been talking about increasing the capacity to 130 million tonnes by FY23. If we talk about hum financial year 21, then the company is working with a capacity of more than 116 million tonnes.

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If we check the announcements of the last few years, then very good steps are being taken by the Indian government for infrastructure development, due to these reasons the performance of cement companies has improved. Products of domestic cement companies can be seen in high demand.

Ultratech cement Technical Analysis:

If we check the technical charts then from last 2nd and 3rd month the price of UltraTech Cement is increasing. This is considered to be a good signal. The share price of Ultra Tech company has hit a new 52 week high of 8070. After hitting this high, some consolidation and profit booking can also be seen, which will be considered good for the UltraTech stock. If the share of Ultra Tech does not break the level of 6800 then 7000 in a few weeks of Anne, then the share of Ultra Tech can also see the levels of 9,000 plus.

Looking at the December 2020 levels, the share price of Ultra Tech Cement has reached 8070 plus price level from the price level of 4800.

Ultra tech cement Target price:

If this momentum continues, then 1000rs per share can be seen in the share price of Ultra Tech Cement.  we may see such Ultra tech share price movement in a few days or weeks

In nutshell, we can say that, Ultra Tech Cement is a flagship company of Aditya Birla Group. The management of Aditya Birla Group is very strong; the company management is talking about making Ultra Tech Cement a net debit free company. This is my personal view as Ultra Tech Cement stock is a portfolio stock which should be in every investor's portfolio. But booking profit at the right time would be a right policy in any stock. Fundamental companies buying shares of strong companies at lower levels and keeping them from investment point of view in your portfolio is always right. It is necessary to follow the stop loss for trading.

Disclaimer: Please do your own research before making any investment or selling decision. I shared my personal view on Ultra tech cement company. My view may differ from other experts of the stock market.