Stock Mantra | UltraTech more than doubles in one year, but can hit Rs 8,500 in short term

Shares of UltraTech Cement, the country’s largest cement producer, more than doubled in the last one year, sharply outperforming the benchmark BSE Sensex, which rallied 52 per cent in the same period. In fact, it outpaced its closest peers, Shree Cement…

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