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UltraTech Cement Ltd profit may lag estimates: StarMine

Jan 20 2014, 13:39 IST
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UltraTech Cements may lag consensus profit forecast for the October-December quarter. UltraTech Cements may lag consensus profit forecast for the October-December quarter.
SummaryStarMine expects UltraTech Cement to report a profit of 8.18 billion rupees.

UltraTech Cement Ltd may lag consensus profit forecast for the October-December quarter when it reports results later in the day, Thomson Reuters StarMine's SmartEstimates shows.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, expects UltraTech to report a profit of 8.18 billion rupees for the quarter, compared with a consensus mean estimate of 8.90 billion rupees.

UltraTech shares were down 1.2 per cent at 9:39 a.m.

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