Ultratech hits life time high

about 10 months ago
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Ultratech Cement hit a new life time high today at Rs.4686.30 and the stock remains among the top five gainers.

The company posted a very good set of numbers for Q4FY19 with standalone net profit more than doubling from Rs.488 crore to Rs.1017 crore. The revenue was up 18% at Rs.10,500 crore. Its other income rose 27% at Rs.140 crore.

EBITDA was at Rs.2213 crore and margins rose to 21%.

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