Posted on by Shloka Badkar

UltraTech Cement, Trent and more: Tuesday’s top brokerage calls

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UltraTech Cement | Morgan Stanley has maintained an overweight rating on UltraTech Cement with a target of ₹11,600 per share. It says the company’s fourth quarter EBITDA was ahead of estimates, led by both strong volumes and good cost control.
brokerage calls, buy sell, buy sell rating, ultratech cement, trent, birlasoft,
Birlasoft | Nomura has maintained a ‘buy’ rating on Birlasoft with a target of ₹860 per share. it says the company’s fourth quarter and margin were below estimates.
brokerage calls, buy sell, buy sell rating, ultratech cement, trent, birlasoft,
UltraTech Cement | CLSA has maintained an ‘outperform’ rating on UltraTech Cement with a target of ₹11,020 per share. It says the company’s fourth quarter EBITDA of ₹4,100 crore, was up 24% year-on-year above estimate.
brokerage calls, buy sell, buy sell rating, ultratech cement, trent, birlasoft,
Trent | Morgan Stanley has maintained an ‘equal-weight’ rating on Trent with a target of ₹3,675 per share. It says the company’s fourth quarter earnings were beat on the topline and margin.