MARKET EYE-Ambuja Cements falls ahead of Dec qtr earnings

Thu Feb 7, 2013 1:39pm IST

Related Topics

Stocks

   

* Shares in Ambuja Cements Ltd fall 2 percent on
expectations the company will post lower-than-expected earnings
for the October-December quarter later in the day, dealers say.
* Morgan Stanley reduced its rating on Ambuja Cements to
"equalweight" from "overweight" on Wednesday, saying valuations
already reflect expectations of firmer cement prices and a
"structurally positive" outlook for the sector. 

 (abhishek.vishnoi@thomsonreuters.com /;
abhishek.vishnoi.thomsonreuters.com@reuters.net)
FILED UNDER:

Reuters Showcase

Markets Weekahead

Markets Weekahead

Focus on sectors which will build India: Ambareesh Baliga.  Full Article 

FMC-SEBI Merger

FMC-SEBI Merger

Regulatory shakeup could revive commodities markets   Full Article 

Tax Incentives

Tax Incentives

Budget woos foreign investors  Full Article 

Excise Duty

Excise Duty

Cigarette makers fall after budget hikes excise duty  Full Article 

Welcoming the Budget

Welcoming the Budget

India Inc cheers corporate tax cut, simpler rules  Full Article 

Gold Price

Gold Price

Gold prices to rise after budget keeps import duty high  Full Article 

Fuel Prices

Fuel Prices

IOC to raise diesel, petrol prices from Sunday  Full Article 

Moody's on Budget

Moody's on Budget

Budget "credit neutral" from a ratings perspective - Moody's   Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage