UltraTech Cement shares rose nearly 5% on Thursday after its December quarter net profit exceeded estimates, posting a PAT of Rs 1,469 crore against the expected Rs 1,195 crore. By 2:15 pm, shares traded at Rs 11,178.60 on the NSE, up 4.53%. Despite a 17% YoY profit drop, revenue grew 3% YoY to Rs 17,193 crore.
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