earnings before interest

Capacity addition, cost initiatives to help UltraTech retain its edge

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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

Two multibagger defence stocks jump over 40% in last 3 days. Here’s why

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Defence PSU stocks GRSE and Cochin Shipyard rallied over 40% in the last three days of trade on BSE as both firms reported strong June quarter results. Shares of GRSE, a warship maker, jumped over 42% in the last three sessions. Meanwhile, in Thursday’s trade, the stock advanced over 7% and hit a new 52-week … Read more