UltraTech Cement numbers not that good: P Phani Sekhar

P Phani Sekhar, Fund Manager-PMS, Angel Broking, shares his views on UltraTech Cement.

ET Now: What is your view on UltraTech Cement?

P Phani Sekhar: The numbers are okay considering the overall micro environment in which they are operating but they are not at all good when you compare them with the valuations at which you are trading that to a good extent explains the ambivalence that is being witnessed in the stock price.