Visit http://indiaer.blogspot.com/ for complete details Ultratech Cements (Rating – Sell; Target Price – Rs830)
We expect Q2FY11 sales to grow 110% YoY to Rs32,350mn. EBIDTA is expected to grow 24%
YoY to Rs5,830mn, while PAT is expected to be reported 1.9% YoY lower at Rs2,461mn.
The results are not comparable, as the current quarter’s result would be inclusive of Samrudhhi
Cements, which was merged with the company effective 1 July 2010.
No comments:
Post a Comment