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    Sell Ambuja Cements, price target Rs 160: Kunal Bothra

    Synopsis

    The analyst suggested a stoploss at Rs 180.

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    Ambuja Cements Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 37776.90 Crore) operating in Cement sector.

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    Kunal Bothra has a sell call on Ambuja Cements Ltd. with a target price of Rs 160.0 . The current price of Ambuja Cements Ltd. is Rs 171.25 . Kunal Bothra recommended to keep a stoploss at Rs 180 .

    Ambuja Cements Ltd., incorporated in the year 1981, is a Large Cap company (having a market cap of Rs 37776.90 Crore) operating in Cement sector.

    Ambuja Cements Ltd. key Products/Revenue Segments include Cement which contributed Rs 10977.00 Crore to Sales Value (96.65 % of Total Sales), Other Operating Revenue which contributed Rs 337.66 Crore to Sales Value (2.97 % of Total Sales) and Scrap which contributed Rs 42.10 Crore to Sales Value (0.37 % of Total Sales)for the year ending 31-Dec-2018.

    For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 7126.44 Crore, up 17.26 % from last quarter Sales of Rs 6077.62 Crore and up 5.91 % from last year same quarter Sales of Rs 6728.68 Crore Company has reported net profit after tax of Rs 715.96 Crore in latest quarter.
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    2 Comments on this Story

    Sameer Deans193 days ago
    He doesnt say why ?
    test193 days ago
    good
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