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Motilal Oswal retains ‘Buy’ on UltraTech Cement as Q1 PAT rises 16% YoY; sees 16% upside

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  1. Motilal Oswal retained a 'Buy' rating on UltraTech Cement with a target price implying 16% upside.

  2. UltraTech's Q1 net profit rose 16% year-on-year.

  3. Sales volume grew approximately 12% year-on-year to 41.3 million tonnes.

  4. Blended realisation increased around 3% year-on-year and quarter-on-quarter to Rs 5,967 per tonne.

9h ago · original ↗
Motilal Oswal retains ‘Buy’ on UltraTech Cement as Q1 PAT rises 16% YoY; sees 16% upside · in5points