Nuvoco Vistas upgraded to accumulate after strong Q1 performance
pre-market1 source ↓written by the desknot a recommendation
- EBITDA estimates
- 9%
Nuvoco Vistas Corporation reported EBITDA of ₹570 crore for Q1 FY27, exceeding market expectations. This growth was driven by improved cement pricing and effective cost management. Following these results, brokerages raised FY27 EBITDA estimates by 9%. The company is also expanding its capacity with new clinker and grinding units set to launch in FY27.
Not investment advice. For informational purposes only.