** 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;))