Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
198.00
Change Change %
-6.80 -3.32%

Updated:18 Feb, 2019, 15:59 PM IST

BSE
197.85
Change Change %
-7.10 -3.46%

Updated:18 Feb, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
04-12-2015 Buy 195.00 243.00
N/A
Target Hit Custom
04-12-2016

Nomura maintains buy on Ambuja Cements

Cost synergies from ACC-Ambuja transaction to be realised fully over the next three years. As demand improves and capacity utilisation bottoms, industry margins should improve but expected margins over FY15-17 are still below mid-cycle levels. Target price of RS 243 is 9 per cent higher than consensus.

Top