AMBUJA CEMENTS LTD Q3 RESULTS
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Ambuja Cements Q3 net profit up 34% at Rs 533 crore
Ambuja Cements total expenses were down 2.44 per cent at Rs 5,401.27 crore, compared to Rs 5,536.68 crore.
Hold Ambuja Cements, target Rs 222: Edelweiss Securities
The brokerage said its recent interaction revealed Ambuja is focusing on commissioning the 3.1mtpa greenfield clinker plant at Marwar-Mundwa in Rajasthan (north India) by Q3CY20.
Ambuja Cement posts Q3 profit of Rs 1,378 crore
Profit after tax includes write-back of tax provisions related to earlier years amounting to Rs 873 crore.
Buy ACC, target Rs 1846: Edelweiss Securities
Due to lack of domestic coal availability, ACC’s fuel cost/t remained elevated despite global fuel prices (e.g. pet coke and imported coal) spiralling down.
Inflation data, Q2 results may keep equities jittery
"Dismal IIP numbers suggest pressure on the rupee and more rate cuts coming."
Bucking trend, Q3 could be tepid for cement firms
In the next three years ending FY21, the industry would expand capacity by 60-65MT.
Sept F&O series proved positive for investors: Look who gained, who lost
IDBI Bank was the biggest gainer in the pack, jumping 41 per cent in the September series.
Hold Ambuja Cements, target Rs 210: Prabhudas Lilladher
Hold Ambuja Cements at a price target of Rs 210.
LIC reshuffled banking portfolio, sold these blue chip stocks in Q3
Data showed that the insurer kept its stake steady in more than 110 companies.
Market Movers: What changed for D-Street while you were sleeping
Here’s breaking down the pre-market actions.
Brokerages cautious on Ambuja Cements as Q3 results miss estimates
Analysts at top brokerage firms have maintained their cautious view on the stock with Goldman and CLSA maintaining ‘Sell’ rating on the counter.
Ambuja Cements' Q3 net profit rises 79% at Rs 277 crore
The cement maker, in which Swiss building material major Holcim has a majority stake, had registered a net profit of Rs 399.51 crore for June quarter, it said.
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