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VERIFIEDET Markets·positive
UltraTech Cement shares gain 2% after Q1 results. Why Nuvama, other brokerages raised target?
AI Summary
- ·UltraTech Cement's Q1 FY27 consolidated net profit increased by 17% year-on-year to Rs 2,599 crore.
- ·The company's revenue saw a 16% increase, reaching Rs 24,648 crore.
- ·Several brokerages raised their target prices for UltraTech Cement shares following the Q1 results.