UltraTech Cement's Q3 earnings meet Street's estimates. Should you buy?
Sat, Jan 20, 2024 2:31 PM

UltraTech Cement's Q3 earnings meet Street's estimates. Should you buy?

A Flip by Shubhangi Gupta
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Notwithstanding Ultratech Cement's highest-ever net profit in the December ended quarter, the stock fell over 1% to the day's low of Rs 9,906 on Saturday. Following the company's earnings, a clutch of brokerages retained their ratings on the counter with BofA and Sharekhan recommending a buy stance while Nuvama reiterated a 'Hold'.

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