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UltraTech Cement shares jump 1% as brokerages increase target price after Q3 results. Should you invest?

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UltraTech Cement shares jumped a little over 1% to Rs 11,569.25 on the BSE as brokerages maintained their optimistic stance on the stock after the company reported its Q3 earnings.

The firm posted a 17% year-on-year (YoY) decline in net profit at Rs 1,469.50 crore (attributable to shareholders),…

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