Profit

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

NSE
225.00
Change Change %
0.60 0.27%

Updated:19 Sep, 2018, 15:51 PM IST

BSE
225.05
Change Change %
1.70 0.76%

Updated:19 Sep, 2018, 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