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ULTRATECH CEMENT LTD

Neutral to Short

By niftyalphatrader
  • Cement prices: Our channel check suggests, average cement price at an all India level is flat MoM in Aug-2021.

  • Coal cost: In Aug-21, imported coal price (adj. for currency) is up 9% MoM.

  • Cement demand: Cement production in India for the month of June-21 has increased by 4.3% YoY.

  • Volume for industry has been weak due to monsoon but it’s inching up steadily.

  • Freight cost index is up 2% MoM in July-21
Fundamental AnalysisTrend Analysis
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