Ultratech hits life time high
By
Ruma Dubey
about 5 years ago
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%.