HDFC Securities flags UltraTech Cement upside post Ultravolt launch
HDFC Securities said UltraTech Cement shares could rise from Rs.11,408 to Rs.14,500 after the company launched Ultravolt, its wire and cable brand.
Stock to buy, Sept. 8 -- Shares of UltraTech Cement ended lower on Tuesday as the Aditya Birla Group company's stock erased nearly all the gains it made after the launch of Ultravolt, its wire and cable brand. The short-term euphoria around the stock may have faded, HDFC Securitie…