Reuters logo
MARKET EYE-Holcim's Indian units profits may lag estimates - StarMine
February 3, 2014 / 7:53 AM / 4 years ago

MARKET EYE-Holcim's Indian units profits may lag estimates - StarMine

* Profits of Swiss cement company Holcim's Indian
units, ACC Ltd and Ambuja Cements, may lag
consensus estimates when they report their October-December
quarter results on Thursday, Thomson Reuters StarMine's
SmartEstimates shows.
* StarMine's SmartEstimates, which places a greater emphasis on
forecasts by top-rated analysts, expects Ambuja Cements to
report a profit of 1.97 billion rupees ($31.44 million) for the
quarter, compared with a consensus mean estimate of 2.05 billion
rupees. 
* ACC is expected to post a profit of 1.84 billion rupees
compared with a consensus mean estimate of 1.91 billion rupees.
($1 = 62.6750 Indian rupees)
* ACC is down 0.91 percent while Ambuja Cements falls 0.6
percent.
($1 = 62.6550 Indian rupees)

 (abhishek.vishnoi@thomsonreuters.com)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below