Page 8 - Ambuja Cements

Switzerland-based Holcim group losing share in Indian cement market

Swiss multinational is now a distant second in the country's cement market, behind Ultratech

Analysts bullish on cement stocks on sustained demand, price hikes

Analysts note that cement manufacturers may have to hike prices further to ensure sustainability of margins amid rising cost pressures.

Indian biggest fuel retailers gearing up for rural-led economic rebound

The increasing economic importance of India's hinterlands is influencing business expansion plans and accelerating a trend of more service stations being opened in the countryside

Ambuja Cements consolidated net rises 24% to Rs 732 cr in December quarter

'Margin expanded by 410 bps during the quarter and 480 basis points for the full year backed by strong performance in price, volume and costs,' says CEO

Top stock picks by Ajit Mishra: Buy Ambuja Cements, Motherson Sumi

Ambuja Cement surged almost vertically from the support zone of the medium-term moving average (100 EMA) on the daily chart and made a new record high as well

Ambuja, ACC rally up to 10% on renewal of tech fees agreement with Holcim

In the past three weeks, Ambuja Cements and ACC had underperformed the market by falling 10 per cent and 9 per cent respectively, against 4 per cent decline in the benchmark index, till Wednesday

Rebound in demand helps UltraTech Cements lead over peers in Sept qtr

Ambuja, ACC also put up good showing, which has led to a significant earnings upgrade for the trio

MARKET: Maruti, HDFC help Sensex settle 127 pts higher; Nifty tops 11,900

All that happened in the markets today

Ambuja Cements reports 51% rise in net profit at Rs 804 cr in Sept qtr

The company, which follows January-December financial year, had clocked a net profit of Rs 533.85 crore in the year-ago period, Ambuja Cements said in a BSE filing

Cement stocks rise; UltraTech, ACC gain 3%, Ambuja Cements hits 52-wk high

Analysts at Emkay Global Financial Services remain positive on the cement sector and expects industry volume to start improving from the January-March quarter (Q4FY21)

Market Ahead, July 24: All you need to know before the opening bell

Today, a total of 71 companies including ITC, Asian Paints, and Ambuja Cements are scheduled to announce their quarterly results

Cement's strength will be tested if demand, volumes fail to pick up

Firm realisation and lower costs bode well for profitability

New appointment of MDs at ACC, Ambuja Cements to streamline business

At ACC, Sridhar Balakrishnan, former chief commercial officer (CCO), has been elevated as the CEO and MD while Akhoury continues as a director on ACC's board.

Realisations still under pressure for cement firms as demand remains muted

With growth having shrunk 0.5 per cent year-on-year during FY20 so far, as per latest estimates, price recovery seems distant

Ambuja Cements slips 7% post September quarter results

According to the management, the demand and realisation were under pressure in western markets owing to heavy floods while Northern markets show strength.

Top stock picks by Religare Broking: Buy Dabur, sell Sept Futures for DLF

Here are the weekly stock recommendations by Religare Broking

Technical calls from HDFC Securities: Sell Axis Bank, Ambuja Cement

Nifty outlook and top trading ideas by Vinay Rajani - Senior Technical & Derivatives analyst, HDFC Securities.

Ambuja improves on operational costs but margins disappoint

May find it tough to grow volumes, given capacity limits; benefit from commissioning of clinker unit only in 2021

Lower realisation, higher cost drags Ambuja Cements's Q3 performance

Muted volume growth expectations keep analysts cautious on CY19 profit growth

Ambuja Cements: Rising volumes fail to mitigate cost pressures, stock falls

Better utilisation and good demand enabled Ambuja's cement volumes grow 9% year-on-year (YoY) to 5.46 million tonnes (MT) in the quarter, ahead of estimates