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INDIACEM India Cements News Story

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Preview: India's UltraTech Cement rises ahead of Q1 results

** Shares of India's UltraTech Cement ULTC.NS up 1.5% at 12,709 rupees ahead of Q1 results

** Analysts, on average, expect cement maker's consolidated profit to jump 33% to 22.53 billion rupees ($261.12 million); revenue to rise 11% to 200.12 billion rupees

** Y/Y performance to reflect gains from the co's deal with India Cements ICMN.NS

** Continued price recovery y/y, volumes boost in a seasonally weak quarter thanks to dealmaking expected to aid ULTC's Q1 results, analysts say

** Stock rated "buy" on average with median target price of 13,200 rupees - data compiled by LSEG

** YTD stock up 11%

($1 = 86.2810 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)

 ((Hritam.Mukherjee@thomsonreuters.com;))

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