The government's commitment to infrastructure and continued momentum in real estate augur well for the cement maker
UltraTech has hiked cement prices to combat rising energy costs, but the continuing pressure on margins means more will be needed
Operating leverage and cash flows coupled with a lower rate of capital expenditure are likely to boost UltraTech's return on capital employed from the current 10 percent to about 14 percent
The Supreme Court has held that the Rajasthan government will take back possession of a mine from Gotan Limestone Khanji Udyog Pvt Ltd (GLKUPL), which was transferred to cement major Ultra Tech, saying that competent authority was "misled" by concealing the real transaction.
SP Tulsian, sptulsian.com shares his view on cement space.
Devang Mehta, vice president and head of equity, Anand Rathi Financial Services, joins CNBC-TV18 to opine about earnings season and give his outlook of the market today.
In an interview with CNBC-TV18, Prakash Diwan of Networth Stock Broking, spoke about his reading of the market and various stocks.