Page 10 - Ambuja Cements

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

Profitability drop over input costs drives earning cuts for Ambuja Cements

Rising volumes and some improvement in realisation fail to mitigate cost pressures

Ambuja Cements gains 6% on strong June quarter results

The stock rallied 6% at Rs 222 on the BSE after the company reported a better-than-expected a 27% year on year growth in standalone net profit at Rs 4.99 billion in June quarter.

Ambuja Cements hits 52-week low, falls 11% so far in May

In past one week, the stock declined 7% after the company reported lower than expected 3% YoY volume growth in March quarter.

Ambuja Cements disappoints in Q1 results; stock may remain range-bound

Amid rising costs and limited volume growth outlook, realisation improvement is crucial for profit

ACC, Ambuja Cements trade weak as merger plans put on hold

Ambuja Cements was trading 4% lower at Rs 253, while ACC down 2% at Rs 1,625 on the BSE at 10:23 am.

Strong volumes buoy Ambuja Cements; better cost controls boost performance

Analysts attribute the strong volumes to a better demand scenario in the eastern and northern markets and Gujarat

Strong realisations help Ambuja Cements beat Street estimates in Q2

Higher volumes and realisations helped Ambuja post sales of Rs 2,823 cr, a YoY increase of 11.7%

Strong pricing in western India drives gains for Ambuja Cements

Recently secured long-term supplies of limestone bode well for the firm

Ambuja Cements: Higher costs offset gains from rising volumes

Future volume growth, profitability improvement in rising costs environment key to instil confidence