Strong Q1 sets stage for FY27 growth as UltraTech bets on cables business

UltraTech Cement reported its strongest first quarter volume and profit ever. Near-term performance faces monsoon seasonality and higher input costs. The company anticipates double-digit volume growth in the next fiscal year. Its new cables and wires business will launch in the third quarter. Lower stock valuation offers a cushion against potential downside risks.

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