CLSA maintained its outperform rating on UltraTech Cement with a target price of Rs 7,365 which translates into an upside of over 10 per cent from Rs 6,642 recorded on August 2, 2022.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South