Profit

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

NSE
220.90
Change Change %
-0.65 -0.29%

Updated:05 Aug, 2020, 15:59 PM IST

BSE
220.90
Change Change %
-0.90 -0.41%

Updated:05 Aug, 2020, 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.

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