Ultratech - 1QFY2014 Result Preview - Angel Broking

Ultratech is expected to announce its 1QFY2014 results today. We expect the topline to decline by 2.5% yoy to Rs. 4,948cr. OPM is expected to decline by 269bp yoy to 23.1%. Bottom-line is expected to decline by 21.7% yoy to Rs. 609cr. We maintain our Neutral recommendation on the stock.

Source : Equity Bulls

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