UltraTech's margin disappoints Street, weighs on other cement stocks. Here's what investors should do

The Aditya Birla Group cement major reported a net profit of Rs 1,058 crore for the October-December period, as against a net profit of Rs 1,707 crore for the corresponding period a year ago.

UltraTech's margin disappoints Street, weighs on other cement
Jefferies maintained a 'buy' call on Ultratech with a target price of Rs 8,300 per share - Image Source: Reuters

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