BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Duetsche Bank maintains hold on Ambuja Cements
Duetsche Bank has maintained "hold" call on Ambuja Cements for a target of Rs 223. The stock still does not look cheap even after 30 per cent correction in last 3 months, says Deutsche Bank. Industry demand growth may be muted on demonetisation. Only visible lever to earnings is the cement price increase, the brokerage added.