Capacity addition, cost initiatives to help UltraTech retain its edge

Capacity addition, cost initiatives to help UltraTech retain its edge

Synopsis UltraTech Cement outperformed in Q1 2024 despite challenges. Cost reduction plans, capacity expansion, and strong financials position it well for future growth. The stock’s appeal to investors is supported by diverse strengths. ET Intelligence Group: UltraTech Cement reported a better-than-expected performance for the March 2024 quarter notwithstanding the demand weakness and sluggish cement prices … Read more