Name: Latest research reports of Ambuja Cements Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Ambuja Cements Ltd.
Rating: 5
Author: ICICI Securities Limited

Ambuja Cements Ltd.

NSE: AMBUJACEM | BSE: 500425 | ISIN: INE079A01024 | Industry: Cement & Cement Products
| Mid-range Performer

485.8000 -3.40 (-0.70%)

NSE Mar 13, 2025 15:31 PM

31.28% Fall from 52W High

Volume: 1.6M

Ambuja Cements Ltd.

01 Aug 2024

485.80

-0.70%

A step back to leap forward

Buy: Ambuja Cements Ltd.

Target

ICICI Securities Limited

Ambuja Cements’ (ACEM; consol.) Q1FY25 EBITDA (at INR 12.8bn, down 23% YoY) missed our expectation by ~18% with lukewarm performance across – volumes, realisation and costs.

Ambuja Cements Ltd. has an average target of 681.00 from 9 brokers.