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ICICI Securities: UltraTech Cement - Strong Overall Execution; Ripe For Rerating

UltraTech Cement says growth in H2 FY21 is likely to broadly offset the 30% year-on-year slump seen during H1 FY21.

A bricklayer spreads cement as he builds a wall for a new home (Photographer Simon Dawson/Bloomberg)
A bricklayer spreads cement as he builds a wall for a new home (Photographer Simon Dawson/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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