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.
Polycab shares slide 17% in 3 months amid Ultravolt shock, but Jefferies sees 33% upside. What’s behind the bullish view?
Polycab shares have fallen 17% from their June peak after UltraTech entered the wires and cables segment. Jefferies retained its Buy rating and Rs 11,100