Recos Updates: Motilal Oswal Financial Services forecasts 20.40% hike for UltraTech Cement

Motilal Oswal Financial Services has issued a new recommendation for UltraTech Cement, indicating an upside potential of 20.40%. The target price is set at Rs 13,000.00, while the stock was initially valued at Rs 10,869.00 at the time of the recommendation. Currently, the stock is trading at Rs 10,797.35, reflecting a slight decline.