Broker call▲ Bullish for UltraTech Cement

Cement demand stronger than expected says CLSA’s Indrajit Agarwal, favours Ultratech

1 source · first seen 12:01 30 Sept · updated 12:01 30 Sept

The brief

Written from 1 report · check the source before you trade

CLSA’s Indrajit Agarwal expects cement prices to improve after the monsoon
Agarwal favours UltraTech Cement
Price improvement could support a recovery in cement makers’ profitability
A potential profitability recovery matters for UltraTech Cement and other Indian cement makers

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1 report · earliest 12:01