Ambuja Cements Ltd. News and Updates

Name: Latest research reports of Ambuja Cements Ltd. authored by IDBI Capital and published by - Trendlyne research reports.
Item: Ambuja Cements Ltd.
Rating: 3
Author: IDBI Capital

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Ambuja Cements Ltd.

20 May 2017

566.75

-0.44%

Ambuja Cements Ltd Q1CY17 results comment

Results Update: Ambuja Cements Ltd.

HDFC Securities

Revenue rose by 15.86% to Rs. 5631.9 Cr in Q1CY17 when compared to the previous quarter. Also it increased by 6.83% when compared with Q1CY16.

Ambuja Cements Ltd. is trading above its 200 day SMA of 550.3

Ambuja Cements Ltd.

08 May 2017

566.75

-0.44%

ACC, Ambuja Cements gain on merger buzz

IBTimes India

In June 2016, Ambuja Cements had bought Holcim India's 24 percent stake in ACC; LafargeHolcim owns 63.6 percent in Ambuja Cements; now the two companies are mulling merger.

Ambuja Cements Ltd. is trading above its 200 day SMA of 550.3

Ambuja Cements, ACC shares rally on merger plans

Business Line | 08 May 2017

Ambuja Cements Ltd.

03 May 2017

566.75

-0.44%

Ambuja Cement

Ambuja Cements Ltd.

SMC online

Ambuja Cements Ltd. is trading above its 200 day SMA of 550.3

Ambuja Cements Ltd.

02 May 2017

566.75

-0.44%

Broker's call

Business Line

Centrum BrokingAmbuja Cements (Sell)CMP: 241.70Target: 200Ambuja Cements Ltd, a part of the global conglomerate LafargeHolcim, is among the leading cement companies in India. Ambuja Cements has...

Ambuja Cements Ltd. is trading below its 30 day SMA of 571.8

Ambuja Cements Ltd.

02 May 2017

566.75

-0.44%

Ambuja Cement falls on lower-than-expected profit

Business Line

Shares of Ambuja Cement fell on lower-than-expected profit. Shares of Ambuja Cement Ltd fell as much as 3.2 per cent to Rs 237.95, posting their biggest intraday percentage drop since December 12,...

Ambuja Cements Ltd. is trading below its 30 day SMA of 571.8

Ambuja Cements: Higher costs offset gains from rising volumes

Business Standard | 01 May 2017 1 more

Ambuja Cements Ltd.

02 May 2017

566.75

-0.44%

Result Review of Ambuja Cements Ltd

Hold: Ambuja Cements Ltd.

Target

IDBI Capital

We were caught flat-footed on operating efficiency. Despite rising trend in costs both freight and fuel, cost-control initiatives on gypsum led to better EBITDA/ton. At the current valuations, the implied EBITDA/ton is far from reality. While we draw little comfort, we give ACEM the benefit of doubt. We maintain HOLD....

Ambuja Cements Ltd. has an average target of 676.00 from 8 brokers.

Ambuja Cements Ltd.

02 May 2017

566.75

-0.44%

Ambuja Cements' (ACEM) result was below our estimates with EBITDA at Rs3.7bn against est...

Sell: Ambuja Cements Ltd.

Target

Emkay

Ambuja Cements' (ACEM) result was below our estimates with EBITDA at Rs3.7bn against estimated Rs4.2bn and EBITDA/tn of Rs606 against estimated Rs699 led by lower realization (3% below estimates) and higher operating costs (freight and employee). Sales volume was at 6mt, up 0.9% YoY. Realization was up 4.4% YoY (but, down 2.5%...

Ambuja Cements Ltd. has an average target of 676.00 from 8 brokers.

Ambuja Cements Ltd.

02 May 2017

566.75

-0.44%

Ambuja Cement

Buy: Ambuja Cements Ltd.

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Ambuja's results were above our expectation mainly due to higherthan-expected topline. The beat on the topline front was led by 2.7% YoY increase in volumes to 6.0 MT, which came in as a positive surprise against 12% YoY decline in pan-India production volumes in Q1CY17 as per core industry data Revenues increased 5.3% YoY (up 15.3% QoQ) to | 2,533.4 crore (above I-direct estimate of | 2,202.0 crore) led by 2.7% YoY increase in volumes to 6.0 MT(above I-direct estimate of 5.2 MT) and 2.5%...