For the size of UltraTech, the balance sheet and the presence it has in the cement looks like a small investment of about Rs 1,800 crore. So, I do not think for UltraTech, it is going to move the needle too much.
Motilal Oswal has reiterated its Buy rating on Vedanta Aluminium Metal with a target price of Rs 540, implying 21% upside. The brokerage expects EBITDA
PhysicsWallah shares surged around 5% after nearly 4.67 crore shares worth about Rs 550 crore changed hands in a block deal at Rs 117.72 apiece.
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