Brokerage firms such as HSBC maintained a buy rating on Zomato, CLSA maintained an underperform rating on UltraTech Cements, Motilal Oswal has a buy on M&M Financial Services and Prabhudas …
Benchmark equity indices Sensex and Nifty ended almost flat in a see-saw trade on Tuesday as investors traded cautiously, awaiting cues from the US Federal Reserve’s policy stance. Foreign fund …
On the valuation front, considering its estimated FY25’s earnings, the stock of UltraTech is trading at an EV/Ebitda of 14.4. Synopsis For the past four quarters, margins of cement firms …
Cement major Ultratech Cement has clocked double digit volume growth in the first quarter, which will likely drive the revenue higher despite lower realisation. The revenue is seen growing up …