Profit

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

NSE
217.00
Change Change %
-0.85 -0.39%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
216.75
Change Change %
-0.35 -0.16%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
27-07-2016 Buy 273.00 290.00
N/A
Closed Long (1Y)
27-07-2017

Religare maintains buy on Ambuja Cements

Religare maintained "buy" on Ambuja Cements with revised target of Rs 290 compared to Rs 270 earlier. Ambuja cements' net profit of Rs 400 crore was above our estimate of Rs 360 crore on account of 7.5 per cent sequential increase in realisations. We expect the company to benefit from a strong pricing environment in the northern region and see healthy YoY profit growth in the coming quarters.

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