UltraTech Cement is expected to report strong Q4 results, driven by volume growth, acquisitions, and stable margins. Revenue and profit are likely to rise 12% and 8% YoY, respectively. While cost controls aid profitability, high base effects and regional pricing pressures may limit overall gains.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,