Budget 2021 Stocks With Anil Singhvi – Ultratech Cement is a TOP stock from budget standpoint, says Hemang Jani; 14-16 pct upside seen

Top Stock to Buy with Anil Singhvi – Ultratech Cement: Market Expert Hemang Jani today recommended this stock from the cement sector in Budget My Pick show. He said that Ultratech Cement stock is expected to do well as it is the largest company in the cement space and this sector has been doing very well. Ultratech Cement stock has been recommended with the Budget 2021 horizon in mind, and after it. 

Jani said that the earnings growth of cement companies in this quarter (Q3 FY21) are expected to be over 75 per cent. This is a significant growth, he added. 

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Budget 2021 Stock Picks – Ultratech Cement 

This analyst said that Ultratech Cement will be the biggest beneficiary in the sector because of its capacity and overall size and scale of its balance sheet. He said that Ultratech Cement was his preferred pick. He puts Ultratech Cement target price at Rs 6240 which is an upside of 14-16 per cent from the current levels. Ultratech Cement stock is currently trading around Rs 5565. 

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जानिए #BudgetMyPick में आज MOFSL के रिटेल इक्विटी स्ट्रैटेजिस्ट हेमांग जानी ने किस शेयर को चुना बजट से बजट तक आपके दमदार मुनाफे के लिए?#BudgetOnZee #Budget2021 @AnilSinghvi_ @hemangjani9 pic.twitter.com/TyNbkgBp3d

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Jani has a 12-month view on Ultratech Cement stock.   

The quarterly results of Ultratech Cement are scheduled on Saturday.