UltraTech Shares Rise 2% After Q2 Results as Brokerages Differ
UltraTech Cement shares rose over 2% on Wednesday, October 21, after second-quarter profit rose less than expected. The results showed strong volume growth, while brokerages remained divided on the outlook amid fuel and energy cost pressures.
UltraTech Cement shares climbed more than 2 percent on Wednesday, October 21, even as brokerages remained split on the stock’s prospects after the company reported a smaller-than-expected increase in second-quarter profit for financial year 2026-27. The results showed strong volume growth, while pressure continued on…