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Sudip Bandyopadhyay says cement goes much beyond real estate. There is a construction boom. There is a lot of infrastructure work happening. Railways are making major capex and that in most of the cases also involves use of cement. So, by and large, the demand for cement is going up and will continue to go up in the near future as well. ....
UltraTech Cement Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 288611.62 Crore) operating in Cement sector. ....
"We expect the market to consolidate in a range with limited upside amid a global uncertain environment," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal. ....
Q3 Result Preview: UltraTech Cement is expected to report strong Q3 performance led by moderating costs, better realisations. MOFSL estimates Ebitda per tonne at ₹1,236, Kotak ₹1200, versus around ₹903 in the year ago quarter and ₹956 in the previous quarter. ....