|
07 Sep 2025 |
Ambuja Cements
|
Consensus Share Price Target
|
566.70 |
648.43 |
- |
14.42 |
buy
|
|
|
|
|
02 Aug 2024
|
Ambuja Cements
|
BOB Capital Markets Ltd.
|
566.70
|
667.00
|
652.80
(-13.19%)
|
|
Hold
|
|
|
Volume-driven revenue growth as realisation weakens by 6.5% YoY owing to weak demand in key markets
|
|
01 Aug 2024
|
Ambuja Cements
|
ICICI Securities Limited
|
566.70
|
801.00
|
664.00
(-14.65%)
|
|
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.
|
|
01 Aug 2024
|
Ambuja Cements
|
ICICI Direct
|
566.70
|
785.00
|
664.00
(-14.65%)
|
|
Buy
|
|
|
|
|
01 Aug 2024
|
Ambuja Cements
|
Axis Direct
|
566.70
|
750.00
|
664.00
(-14.65%)
|
|
Buy
|
|
|
We change our rating from HOLD to BUY on the stock
|
|
31 Jul 2024
|
Ambuja Cements
|
IDBI Capital
|
566.70
|
669.00
|
664.00
(-14.65%)
|
Target met |
Hold
|
|
|
|
|
19 Jun 2024
|
Ambuja Cements
|
Prabhudas Lilladhar
|
566.70
|
697.00
|
666.80
(-15.01%)
|
Target met |
Accumulate
|
|
|
|
|
13 Jun 2024
|
Ambuja Cements
|
Emkay
|
566.70
|
700.00
|
664.50
(-14.72%)
|
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).
|
|
10 May 2024
|
Ambuja Cements
|
ICICI Direct
|
566.70
|
720.00
|
581.80
(-2.60%)
|
|
Buy
|
|
|
|
|
10 May 2024
|
Ambuja Cements
|
Geojit BNP Paribas
|
566.70
|
630.00
|
581.80
(-2.60%)
|
Target met |
Hold
|
|
|
|
|
03 May 2024
|
Ambuja Cements
|
IDBI Capital
|
566.70
|
522.00
|
622.45
(-8.96%)
|
Target met |
Sell
|
|
|
|