Stock Update – UltraTech (UltraTech-Samruddhi Merger; Swap Ratio 4:7)
UltraTech CementCluster: Ugly DucklingRecommendation: BuyPrice target: Rs940Current market price: Rs740UltraTech-Samruddhi merger; swap ratio 4:7 Key points The boards of directors of UltraTech Cement (UltraTech) and Samruddhi Cement (Samruddhi), a
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