Ambuja cement share price

2022 - 9 - 19

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Image courtesy of "Economic Times"

Don't chase the momentum; use up move to book out of Ambuja ... (Economic Times)

The up moves provide an excellent opportunity for retail investors to book out Ambuja-ACC. I do not think these valuations are sustainable and neither are ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). On the other hand, look at IIP data on the first normal month of comparison. They decided to bet only on SUVs and that has done exceptionally well for them. We need to be conversant with that and as such be cautious on the valuations of the market. What is your outlook when it comes to the RBI policy? Ideally RBI should hike at the upper end of the expectation 30 to 50 bps. Both the US Fed and RBI could reach the peak of the hike cycle simultaneously over the next four-five months. I do not think that the global equity markets or other asset markets are ready for Fed Funds rate going to 4.5-5% as that will have significant repercussions on the pricing of risky assets. We need to look at fundamentals and there is a real chance of some sort of price war over the next two-three years as larger groups try to consolidate in the cement industry which will be good for consumers of course but not for the cement companies. In fact, we utilised the rally which happened because of this to exit our position in India Cement which we have been holding double digits last week at around 280 level. What do you believe could be the repercussions for the sector? As of now, they are sitting on a net cash on a standalone basis for Ambuja at Rs 3,800 crore.

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Image courtesy of "CNBCTV18"

All new cash-rich Ambuja Cements hits all-time high but brokerages ... (CNBCTV18)

Ambuja Cements and ACC shares rallied after the Adani Group completed the acquisition of the two firms last week to become the country's second-largest ...

Rs 2,919 Rs 752 Rs 2,110 The brokerage has downgraded ACC to 'hold’ with a target price of Rs 2919 considering relative growth, and economic interest of promoters. Rs 309 It has retained its ‘buy’ stance on ACC with a target price of Rs 3,030.

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Image courtesy of "Goodreturns"

Ambuja Cement Share Hit All-Time High, Stock Up 10% Intraday ... (Goodreturns)

"Days after completing a USD 6.5 billion acquisition of Ambuja Cements and ACC, billionaire Gautam Adani said his group has planned to double cement ...

In the last 1 month Ambuja's share price surged by 38.36%, and in the last 6 months its share price gained 87.95%. 2 0,000 can help the group to increase its cement capacities by 70mtpa (25mtpa inorganic expansion and 45mtpa organic expansion) by CY26E without leveraging the balance sheet." The share price of Ambuja Cement hit all-time high today, on September 19, at Rs.

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Image courtesy of "Zee Business"

Ambuja Cements share price jumps 10%, hits 52-week high; cement ... (Zee Business)

Ambuja Cements share price today: Shares of Ambuja Cements jumped nearly 10 per cent in BSE intraday trade to hit a new 52-week high.

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Image courtesy of "Livemint"

Adani-led Ambuja Cements rallies 8.5%; rich valuation a party ... (Livemint)

Both Ambuja and ACC Ltd have been in the limelight after Holciminked a pact with the Adani Group, earlier this year, to sell its stake in these.

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Image courtesy of "Business Standard"

Stocks to Watch: ACC, Ambuja, Adani Power, ONGC, Zomato, Hero ... (Business Standard)

Stocks to Watch Today: In the F&O space, Indiabulls Housing Finance, India Cements, PVR and RBL Bank are in the ban period on Monday.

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Image courtesy of "ThePrint"

Ambuja Cements surges 10 per cent on Adani's fund infusion plan (ThePrint)

The share price of Ambuja Cement Limited hit a fresh lifetime high a couple of days after Adani Group completed the acquisition of the firm. The Adani Family, ...

Post the transaction, Adani will hold 63.15 per cent in Ambuja Cements and 56.69 per cent in ACC (of which 50.05 per cent is held through Ambuja Cements). The largest acquisition in India’s Infrastructure and Materials space is valued at $6.50 billion. The share price of Ambuja Cement Limited hit a fresh lifetime high a couple of days after Adani Group completed the acquisition of the firm.

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Image courtesy of "Economic Times"

Ambuja Cements hits fresh lifetime high on fund infusion plans (Economic Times)

Adani group has also inducted former State Bank of India (SBI) chairman Rajnish Kumar as an independent director on the Ambuja Cements board and former ...

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