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Share Market tips- UltraTech Cement profit rises 25% to Rs 614.30 crore

Discussion in 'Fundamental Analysis' started by nivezastock, Oct 18, 2016.

  1. nivezastock

    nivezastock New Member

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    #Nivezareview on- Share Market tips- UltraTech Cement profit rises 25% to Rs 614.30 crore

    Ultra Tech Cement is having a bull run due to heavy Government spending and expecting it to increase in coming years. Company has delivered revenue growth as per expectations. Company managed to reduce its debt as well with enhanced profit numbers. Stock is marginally over valued at current levels but considering the fact that the company is India's largest cement maker, more returns can be expected for long run.

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