Ambuja Cements Ltd.

NSE: AMBUJACEM | BSE: 500425 | ISIN: INE079A01024 | Industry: Cement & Cement Products
| Mid-range Performer
590.3000 7.85 (1.35%)
NSE Sep 22, 2025 15:31 PM
Volume: 5.0M
 

590.30
1.35%
IDBI Capital
Our channel check suggests, average cement prices at an all India level is up 8% MoM in May-2020. In the environment of soft demand, price hike is implemented for partial recovery of high fixed costs. We see a trend in the market where-in from government to companies, many following a strategy to increase taxes / prices to support their financials. But for the sustenance of price hike in commodity (cement), demand revival is the key element according to us. Cement industry production decreased by 25% YoY for Mar 2020 (latest data available). Companies have commenced opening of the plant starting of 20th April....
Ventura released a Buy report for Ambuja Cements Ltd. with a price target of 794.0 on 16 Sep, 2025.
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