|
15 Mar 2025 |
Ambuja Cements
|
Consensus Share Price Target
|
485.80 |
605.24 |
- |
24.59 |
buy
|
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|
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30 Jan 2025
|
Ambuja Cements
|
Axis Direct
|
485.80
|
655.00
|
509.55
(-4.66%)
|
34.83 |
Buy
|
|
|
We maintain our BUY rating on the stock.
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|
30 Jan 2025
|
Ambuja Cements
|
Motilal Oswal
|
485.80
|
600.00
|
509.55
(-4.66%)
|
23.51 |
Buy
|
|
|
Ambuja Cements (ACEM)’s 3QFY25 consolidated EBITDA (adjusted for prior period incentives of INR8.3b) declined ~49% YoY to INR8.9b (-35% vs. est.), due to weak realization and higher opex/t (up to INR100 150/t related to acquired assets that are in the transition and ramp-up phase). EBITDA/t declined 56% YoY to INR537 (est. INR848).
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|
16 Nov 2024
|
Ambuja Cements
|
Axis Direct
|
485.80
|
601.00
|
544.50
(-10.78%)
|
23.71 |
Buy
|
|
|
We recommend a BUY rating on the stock with a target price of Rs 601/share, implying an upside of 10% from the CMP
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04 Nov 2024
|
Ambuja Cements
|
ICICI Direct
|
485.80
|
690.00
|
571.40
(-14.98%)
|
42.03 |
Buy
|
|
|
|
|
29 Oct 2024
|
Ambuja Cements
|
Axis Direct
|
485.80
|
675.00
|
575.00
(-15.51%)
|
38.95 |
Buy
|
|
|
We maintain our BUY rating on the stock
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|
29 Oct 2024
|
Ambuja Cements
|
BOB Capital Markets Ltd.
|
485.80
|
640.00
|
575.00
(-15.51%)
|
31.74 |
Hold
|
|
|
Volume-driven revenue growth as realisation weakens by 6.0% YoY due to weak demand in key markets
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|
29 Oct 2024
|
Ambuja Cements
|
IDBI Capital
|
485.80
|
600.00
|
575.00
(-15.51%)
|
Target met |
Hold
|
|
|
|
|
28 Oct 2024
|
Ambuja Cements
|
Motilal Oswal
|
485.80
|
710.00
|
569.40
(-14.68%)
|
46.15 |
Buy
|
|
|
Ambuja Cements (ACEM)’s 2QFY25 earnings beat estimates, led by highervolumes (4% above estimates) and higher incentive incomes.
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|
22 Oct 2024
|
Ambuja Cements
|
Prabhudas Lilladhar
|
485.80
|
756.00
|
558.50
(-13.02%)
|
55.62 |
Buy
|
|
|
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|
12 Aug 2024
|
Ambuja Cements
|
Geojit BNP Paribas
|
485.80
|
687.00
|
635.45
(-23.55%)
|
41.42 |
Hold
|
|
|
|
|
02 Aug 2024
|
Ambuja Cements
|
BOB Capital Markets Ltd.
|
485.80
|
667.00
|
652.80
(-25.58%)
|
37.30 |
Hold
|
|
|
Volume-driven revenue growth as realisation weakens by 6.5% YoY owing to weak demand in key markets
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|
01 Aug 2024
|
Ambuja Cements
|
ICICI Direct
|
485.80
|
785.00
|
664.00
(-26.84%)
|
61.59 |
Buy
|
|
|
|
|
01 Aug 2024
|
Ambuja Cements
|
ICICI Securities Limited
|
485.80
|
801.00
|
664.00
(-26.84%)
|
64.88 |
Buy
|
|
|
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.
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|
01 Aug 2024
|
Ambuja Cements
|
Axis Direct
|
485.80
|
750.00
|
664.00
(-26.84%)
|
54.38 |
Buy
|
|
|
We change our rating from HOLD to BUY on the stock
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|
31 Jul 2024
|
Ambuja Cements
|
IDBI Capital
|
485.80
|
669.00
|
664.00
(-26.84%)
|
Target met |
Hold
|
|
|
|
|
19 Jun 2024
|
Ambuja Cements
|
Prabhudas Lilladhar
|
485.80
|
697.00
|
666.80
(-27.14%)
|
Target met |
Accumulate
|
|
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|
13 Jun 2024
|
Ambuja Cements
|
Emkay
|
485.80
|
700.00
|
664.50
(-26.89%)
|
Target met |
Buy
|
|
|
Ambuja Cements has secured a foothold in the southern market by striking a deal with Penna Cement at an enterprise value Rs104bn. Penna currently has operational grinding capacity of 10mt (clinker: 7.3mt) with 4mt under construction (clinker: 3.0mt).
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|
10 May 2024
|
Ambuja Cements
|
Geojit BNP Paribas
|
485.80
|
630.00
|
581.80
(-16.50%)
|
Target met |
Hold
|
|
|
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|
10 May 2024
|
Ambuja Cements
|
ICICI Direct
|
485.80
|
720.00
|
581.80
(-16.50%)
|
48.21 |
Buy
|
|
|
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|
03 May 2024
|
Ambuja Cements
|
Axis Direct
|
485.80
|
590.00
|
622.45
(-21.95%)
|
Target met |
Hold
|
|
|
Recommendation: We maintain our HOLD rating on the stock.
|