Ambuja Cements Ltd (ABUJ.NS)
|Market Cap (Mil.):||Rs284,976.31|
|Shares Outstanding (Mil.):||1,546.26|
MUMBAI - The BSE Sensex and the Nifty gained for a third straight session on Tuesday to their highest closing in a month as software stocks including Infosys rose on continued optimism about U.S. business outlook while foreign investor buying also helped sentiment.
* India's benchmark BSE index higher 0.3 percent and the broader NSE index up 0.4 percent, after hitting their highest intraday level since Jan. 24. * IDFC Ltd is up 2.7 percent on hopes of getting a bank licence, dealers say. * An advisory committee is due to give its recommendations on bank licences by this weekend to the central bank, the Business Standard newspaper reported on Tuesday citing India's Financial Services Secretary, Rajiv Takru. * Ambuja Cements Ltd shares gain 2.6 percent on c
Reuters Market Eye - 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.
* 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
MUMBAI - Shares in Ambuja Cements Ltd and ACC Ltd fall after the cement makers reported lower-than-expected July-September earnings.
MUMBAI - Cement makers ACC Ltd and Ambuja Cements Ltd said on Wednesday they expected no speedy revival in demand after posting drops in quarterly profit.