FinanceMoneycontrol
UltraTech Cement stock gains 1% after Q1 beat; Jefferies, CLSA see over 16% upside
in5points
UltraTech Cement stock rose 1% after Q1 net profit increased 17.2% to Rs 2,604 crore, beating estimates.
Jefferies and CLSA see over 16% upside on the stock due to good execution, strong volume, and lower-than-expected costs.
Q1 earnings beat expectations, driving bullish brokerages.
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