Please Share:: 
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Ultratech Cement Ltd (ULTC.BO)
Research Tactical Idea
We believe the share price will rise in absolute terms over the next 30 days.
This is because the stock has traded off recently, making short term valuation much more compelling. Moreover, the
Street expects cement companies, including large cap names under our coverage, to report some margin decline for QE
June 2011 on a sequential basis. We however believe that UTCEM could surprise positively given its relatively higher
exposure to the South, where pricing was relatively resilient.
We estimate that there is about an 80%+ or "highly likely" probability for the scenario.
Estimated probabilities are illustrative and assigned subjectively based on our assessment of the likelihood of the
scenario.
Stock Rating: Equal-weight
Industry View: In-Line
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Ultratech Cement Ltd (ULTC.BO)
Research Tactical Idea
We believe the share price will rise in absolute terms over the next 30 days.
This is because the stock has traded off recently, making short term valuation much more compelling. Moreover, the
Street expects cement companies, including large cap names under our coverage, to report some margin decline for QE
June 2011 on a sequential basis. We however believe that UTCEM could surprise positively given its relatively higher
exposure to the South, where pricing was relatively resilient.
We estimate that there is about an 80%+ or "highly likely" probability for the scenario.
Estimated probabilities are illustrative and assigned subjectively based on our assessment of the likelihood of the
scenario.
Stock Rating: Equal-weight
Industry View: In-Line
No comments:
Post a Comment