Ambuja Cements (BOM:500425)

QUOTE AND NEWS
The Economic Times  Sep 1  Comment 
Buy Ambuja Cements Ltd. at a price target of Rs 304.0 and a stop loss at Rs 274.0 from entry point
The Economic Times  Aug 22  Comment 
Merger with ACC and market consolidation in the key markets will further aid ACL to regain growth trajectory.
The Economic Times  Aug 22  Comment 
Cement stocks would continue to do well next weeks and some more gains can be seen in ACC and Ambuja Cements, said K Anant Rao.
The Economic Times  Aug 16  Comment 
Buy Ambuja Cements Ltd. at a price target of Rs 278.0 and a stop loss at Rs 256.0 from entry point
The Economic Times  Aug 11  Comment 
Sell Ambuja Cements Ltd. at a price target of Rs 300.5 and a stop loss at Rs 309.0 from entry point
The Economic Times  Jul 26  Comment 
Ambuja Cement’s Q2 profit after tax jumped 76 per cent while ACC’s grew by 81.7 per cent. Both Ambuja Cement and ACC beat market expectations.
The Economic Times  Jul 26  Comment 
Operating Ebitda for the quarter under review was at Rs 601 crore as against Rs 384 crore an year ago, up 56.5 per cent.
The Economic Times  Jul 26  Comment 
Ambuja Cements is projected to report a net profit of Rs 332 crore, according to Thomson Reuters Starmine data, compared with Rs 226 crore reported for last year.
The Economic Times  Jul 26  Comment 
Maruti Suzuki, Dr Reddy’s Labs, Ambuja Cements and IDFC twins will be among the companies, which will announce their June quarter earnings during the day.
The Economic Times  Jul 21  Comment 
Ambuja Cements ended up 1.5% at Rs 266 after hitting a 52-week high of Rs 267.70 intraday and ACC ended up 4.1% at Rs 1,700 after hitting a 52-week high of Rs 1,716.75 during the session.




 
TOP CONTRIBUTORS

Ambuja Cements Limited is the largest cement company in India (by market capitalization).


Business Overview

Ambuja Cements Limited was earlier known as Gujarat Ambuja Cements Limited (GACL). The company was set up in 1986. In this short span Ambuja Cements has achieved massive growth and presently, the total cement capacity of the company is 18.5 million tonnes. The company has three subsidiaries, viz, Ambuja Cement Rajasthan Limited (ACRL), Ambuja Cement Eastern Limited (ACEL) and Ambuja Cement India Limited (ACIL). Ambuja also has a strategic investment in ACC through its subsidiary (ACIL).

Ambuja cement is the first company to introduce the concept of bulk cement movement by sea in India. This resulted in speedier transportation and brought many coastal markets within easy reach. Ambuja Cements has a port terminal at Muldwarka, Gujarat. It is an all weather port that handles ships with 40,000 DWT. The port has a fleet of seven ships with a capacity of 20500 DWT to ferry bulk cement to the packaging units. The company has bulk cement terminals at Surat, Panvel, and Galle. The Surat terminal has a storage capacity of 15,000 tonnes and Panvel terminal has a storage capacity of 17,500 tonnes. Both the terminals have bulk cement unloading facility. The port at Galle, 120 km from Colombo, Sri Lanka, handles million tonnes of cement annually.

The company is expanding its clinker capacity by 4.5 million tonnes, cement capacity by 6 million tonnes and power generation capacity by 178 MW at different locations with total investment of Rs.3350 crore. On completion of all these projects, the cement capacity of the company shall go up from 16 million tonnes to 22 million tonnes.




Business and Financial Metrics

Business Segments

Key Trends and Forces

Competition

References



References

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki