Brokerages have reacted to the third-quarter financial results of UltraTech Cement Ltd., Dr. Reddy's Ltd. and Hindustan Petroleum Corporation Ltd. UltraTech remains a strong pick due to its solid ...
has affirmed UltraTech Cement’s ‘Baa3’ issuer rating and ‘Baa3’ senior unsecured rating. The decision is based on the company’s solid balance sheet and substantially strong credit metrics.
Shree Cement and Dalmia Bharat dominate the North and East, respectively. Mangesh Bhadang, Senior VP of Centrum Broking, says UltraTech leveraged its balance sheet smartly to use it for strategic ...