What will trigger UltraTech stock?3 min read 19 Oct 2022, 11:08 PM IST
Ultratech is the sector leader, so its ability to take adequate price hikes is a crucial monitor.
Expectations from the September quarter results (Q2FY23) of cement manufacturers were running low. First, the quarter is seasonally weak for the sector, usually characterized by muted price trends. Second, severe cost inflation pressures haunted cement companies this time.
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