UltraTech will outperform

UltraTech will outperform

UltraTech will outperform while Grasim will gradually underperform, says Ajay Parmar, head of research at EmkayShare and Stock Brokers Ltd

The board of Grasim Industries Ltd, the flagship of the Aditya Birla Group, meets on Saturday to discuss hiving off its cement division and then merging it with subsidiary UltraTech Ltd, resulting in the creation of India's largest cement maker. In an interview, Ajay Parmar, head of research at Emkay Share and Stock Brokers Ltd, talks about the impact of this deal.

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