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The revenue is seen growing up to 18% year-on-year, while the estimates are mixed on the profit front. While some analysts are expecting a profit growth up to 18% YoY, others see a decline up to 7%.
After struggling for direction till noon, Indian shares began climbing higher and hoisted the benchmark indices Sensex and the Nifty50 to new record highs on Thursday.
The country has a "very strong" track record of generating returns, said Goldman Sachs strategist Sunil Koul.
Ultratech Cement's consolidated sales rose 20% YoY to 29.96 MT in the quarter ended June 2023.
/PRNewswire/ -- The global concrete and cement market size is estimated to increase by USD 469.01 billion from 2022 to 2027, according to Technavio. The market...