Sell GBPINR below 95.2; target of 94.6: Way2Wealth

Way2Wealth has come out with its report on currencies. According to the research firm, one can Sell GBPINR below 95.2; target of 94.6 with a stop loss of 95.51 USDINR As anticipated prices inched up higher in the past session and ended with a gain of 0.21%. Now we have…

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Buy Ultratech Cement; target of Rs 3300: Religare

Best-in-class EBITDA/t: With various cost efficiency initiatives in place (optimising fuel mix, reduction in lead distance), UTCEM maintains best-in-class EBITDA/t amongst large-cap peers. We expect EBITDA/t to expand by Rs 350/t over the next two years from Rs 890 in FY16, staying well ahead of ACC/ACEM’s Rs 500/Rs 660 print…

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