|
29 Sep 2025 |
Ambuja Cements
|
Consensus Share Price Target
|
565.20 |
654.18 |
- |
15.74 |
buy
|
|
|
|
|
10 May 2024
|
Ambuja Cements
|
Geojit BNP Paribas
|
565.20
|
630.00
|
581.80
(-2.85%)
|
Target met |
Hold
|
|
|
|
|
10 May 2024
|
Ambuja Cements
|
ICICI Direct
|
565.20
|
720.00
|
581.80
(-2.85%)
|
|
Buy
|
|
|
|
|
03 May 2024
|
Ambuja Cements
|
IDBI Capital
|
565.20
|
522.00
|
622.45
(-9.20%)
|
Target met |
Sell
|
|
|
|
|
03 May 2024
|
Ambuja Cements
|
Axis Direct
|
565.20
|
590.00
|
622.45
(-9.20%)
|
Target met |
Hold
|
|
|
Recommendation: We maintain our HOLD rating on the stock.
|
|
02 May 2024
|
Ambuja Cements
|
Emkay
|
565.20
|
700.00
|
625.70
(-9.67%)
|
Target met |
Buy
|
|
|
Ambuja Cements’s consol. EBITDA grew 37% YoY (2% lower QoQ) to Rs17bn, marginally below our expectations (Emkay: Rs17.3bn). Ambuja continues making significant strides towards becoming the lowest-cost cement producer, having achieved ~Rs180/t reduction QoQ in total costs, in Q4. Ambuja targets total cost/t of Rs3,650 by FY28 (a >Rs500/t reduction).
|
|
02 May 2024
|
Ambuja Cements
|
Prabhudas Lilladhar
|
565.20
|
652.00
|
625.70
(-9.67%)
|
Target met |
Hold
|
|
|
|
|
02 May 2024
|
Ambuja Cements
|
Motilal Oswal
|
565.20
|
600.00
|
625.70
(-9.67%)
|
Target met |
Neutral
|
|
|
Ambuja Cement (ACEM)’s standalone EBITDA was up 1% YoY to INR8.0b (vs. est. of INR9.3b). EBITDA/t came in at INR837 (est. INR1,038) and OPM stood at 16.7% (vs. est. 19.8%). PAT (adjusted for loss on the sale of Sanghi’s share in open market) was INR5.4b (vs. est. INR6.3b).
|
|
18 Mar 2024
|
Ambuja Cements
|
ICICI Securities Limited
|
565.20
|
831.00
|
615.25
(-8.13%)
|
|
Buy
|
|
|
|
|
06 Feb 2024
|
Ambuja Cements
|
BOB Capital Markets Ltd.
|
565.20
|
552.00
|
566.60
(-0.25%)
|
Target met |
Hold
|
|
|
Monthly Economic Buffet: Economic Round-up January 2024. SBIN: Pension one-off hurts profitability. JSTL: Progressing on expansion but valuations fair. ACEM: Healthy quarter, sustainability key; retain HOLD. ALPM: Healthy quarter; PAT beat on low tax rate. CPBI: Margin stress across segments. VSTT: Poor demand dampens performance
|
|
05 Feb 2024
|
Ambuja Cements
|
BP Wealth
|
565.20
|
|
555.00
(1.84%)
|
|
Results Update
|
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