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Ambuja Cements Ltd (ABUJ.NS)

ABUJ.NS on National Stock Exchange of India

217.85INR
15 Nov 2018
Change (% chg)

Rs6.65 (+3.15%)
Prev Close
Rs211.20
Open
Rs211.40
Day's High
Rs219.00
Day's Low
Rs208.20
Volume
3,028,344
Avg. Vol
3,981,114
52-wk High
Rs281.80
52-wk Low
Rs188.35

Latest Key Developments (Source: Significant Developments)

India's Ambuja Cements June-Qtr Net Profit Up About 27.29 Pct
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Ambuja Cements Ltd ::JUNE QUARTER NET PROFIT 4.99 BILLION RUPEES VERSUS PROFIT OF 3.92 BILLION RUPEES LAST YEAR.CONSENSUS FORECAST FOR JUNE QUARTER NET PROFIT WAS 3.10 BILLION RUPEES.JUNE QUARTER REVENUE FROM OPERATIONS 30.17 BILLION RUPEES VERSUS 32.63 BILLION RUPEES LAST YEAR.THE COMPANY EXPECTS THAT INCREASE IN FUEL PRICES AND INPUT MATERIAL COSTS WILL CONTINUE IN THE NEAR TERM.  Full Article

Ambuja Cements Seeks Members' Nod For Master Supply Agreement With ACC Ltd
Monday, 12 Mar 2018 

March 12 (Reuters) - Ambuja Cements Ltd ::SEEKS MEMBERS' NOD FOR MASTER SUPPLY AGREEMENT WITH ACC LTD.  Full Article

India's Ambuja Cements Dec-Qtr Net Profit Up About 89 Pct
Tuesday, 20 Feb 2018 

Feb 20 (Reuters) - Ambuja Cements Ltd ::DEC QUARTER NET PROFIT 3.38 BILLION RUPEES.CONSENSUS FORECAST FOR DEC QUARTER NET PROFIT WAS 2.47 BILLION RUPEES.SAYS RECOMMENDED FINAL DIVIDEND OF 2 RUPEES PER SHARE.DEC QUARTER REVENUE FROM OPERATIONS 27.13 BILLION RUPEES.NET PROFIT IN DEC QUARTER LAST YEAR WAS 1.79 BILLION RUPEES AS PER IND-AS; REVENUE FROM OPERATIONS WAS 25.30 BILLION RUPEES.SAYS PROPOSES TO SET UP 3.1 MT CLINKERISATION PLANT AT MARWAR MUNDWA.DEC QUARTER CEMENT SALES VOLUME 12.78 MILLION TONNES VERSUS 10.45 MILLION TONNES LAST YEAR.APPROVED INTITIAL INVESTMENT OF 13.91 BILLION RUPEES FOR PHASE 1 OF 1.7 MT CAPACITY WHICH IS EXPECTED TO BE COMMISSIONED IN H2 OF 2020.  Full Article

Ambuja Cements Sept-qtr profit up about 10 pct
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - Ambuja Cements Ltd :Sept quarter net profit 2.72 billion rupees.Consensus forecast for Sept quarter profit was 2.43 billion rupees.Sept quarter revenue from operations 23.20 billion rupees.Net profit in Sept quarter last year was 2.48 billion rupees as per Ind-AS; revenue from operations was 22.99 billion rupees.Sept quarter cement sales volume 5.02 million tonnes versus 4.50 million tonnes last year.  Full Article

Ambuja Cements June-qtr consol profit up about 12 pct
Monday, 24 Jul 2017 

July 24 (Reuters) - Ambuja Cements Ltd ::June quarter consol net profit 7.18 billion rupees.June quarter consol total revenue 72.86 billion rupees.Says approved payment of interim dividend of 1.60 rupees per share.Consol net profit in June quarter last year was 6.42 billion rupees as per IND-AS; consol total revenue was 62.98 billion rupees.  Full Article

ACC Ltd initiates study to explore possibility of merger with Ambuja Cements
Friday, 5 May 2017 

May 5 (Reuters) - ACC Ltd :Says initiation of a study to explore possibility of a merger of company and Ambuja Cements Limited.Says special committee constitued to commence evaluation.Says no decision to merge has been taken and board will decide on merger based on recommendation of special panel and audit committee.  Full Article

Ambuja Cements March-qtr profit rises over four-fold
Friday, 28 Apr 2017 

April 28 (Reuters) - Ambuja Cements Ltd :March quarter net profit 2.47 billion rupees.Consensus forecast for March quarter profit was 2.62 billion rupees.March quarter total income 30.24 billion rupees.Net profit in March quarter last year was 535.1 million rupees as per Ind-AS; total income was 28.97 billion rupees.Says production cost in quarter was impacted on account of higher petcoke and imported coal prices.Says improving sales volumes, combined with favourable pricing, contributed to a positive quarter despite rising costs.Says sourcing of flyash from longer leads and increase in diesel prices led to higher freight cost.  Full Article

Ambuja Cements Dec-qtr profit rises about 60 pct
Monday, 20 Feb 2017 

Ambuja Cements Ltd : Dec quarter net profit 1.76 billion rupees . Dec quarter net sales 21.97 billion rupees . Net profit in Dec quarter last year was 1.10 billion rupees; net sales was 23.56 billion rupees . Says recommended final dividend of 1.20 rupees per share . Says expect good cement growth in 2017 .Says favourable growth in cement demand in H1 2016 was impacted in h2 2016 due to strong monsoon and demonetisation.  Full Article

Ambuja Cements says no information about negotiations regarding merger news
Monday, 6 Feb 2017 

Ambuja Cements Ltd : Ambuja Cements clarifies on news item "LafargeHolcim mulling merger of ACC & Ambuja" . Have no info about negotiations regarding merger news Source: (http://bit.ly/2kiDvYn) Further company coverage: [ABUJ.NS] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

ACC says no proposal of merger considered by co
Monday, 6 Feb 2017 

ACC Ltd : ACC Ltd clarifies on news item "LafargeHolcim mulling merger of ACC & Ambuja" .ACC Ltd says no proposal of merger considered by co.  Full Article

BUZZ-India's Ambuja Cements falls to 3-month low as Q2 profit misses estimate

** Ambuja Cements Ltd's shares fall as much as 3.8 pct to 192.95 rupees, lowest since July 20