Ambuja cement share price

Reuters Adani-owned Ambuja Cements to expand production capacity by 14 million tonnes Adani Group-owned Ambuja Cements Ltd said on Friday it would expand its blended cement production capacity by 14 million metric tonnes, as part of a previously announced plan to double capacity over five years. Ambuja placed orders to expand clinker capacity by 8 million tonnes at two units that would operate on green power or renewable energy, and help increase production of blended green cement by 14 million tonnes, it said in a stock exchange filing. "These brownfield expansion projects are part of our strategy to double our production capacity over the next five years from the current capacity of 67.5 million tonnes a year," Ajay Kapur, Chief Executive Officer of Ambuja's cement business said. Reuters India's Adani-owned Ambuja Cements' Q4 profit rises as infra spending steps up India's Ambuja Cements on Tuesday reported a better-than-expected fourth-quarter profit, aided by increased government spending on infrastructure and lower raw material costs. Ambuja's profit after tax for the quarter ended March 31 rose to 5.02 billion rupees ($61.3 million)from 4.94 billion rupees a year earlier. Analysts, on average, had expected the Adani Group-owned company to report a profit of 4.55 billion rupees.

Get free historical data for ABUJ. You'll find the closing price, open, high, low, change and %change of the %NAME_TRANS% share for the selected range of dates. The data can be viewed in daily, weekly or monthly time intervals. At the bottom of the table you'll find the data summary for the selected range of dates. Chg% Jun 15, 2023 458.35 465.25 468.70 457.05 2.61M -1.35% Jun 14, 2023 464.60 460.25 465.50 459.40 4.26M 1.23% Jun 13, 2023 458.95 457.50 463.80 455.55 2.31M 0.58% Jun 12, 2023 456.30 456.00 458.40 453.45 2.77M 0.13% Jun 09, 2023 455.70 452.00 458.15 451.00 4.37M 0.89% Jun 08, 2023 451.70 456.00 460.00 445.85 4.93M -0.89% Jun 07, 2023 455.75 461.00 461.50 452.50 4.55M -0.74% Jun 06, 2023 459.15 441.80 460.95 440.00 15.04M 4.58% Jun 05, 2023 439.05 440.05 441.65 437.05 3.39M 0.23% Jun 02, 2023 438.05 431.45 440.00 431.45 5.43M 2.05% Jun 01, 2023 429.25 425.00 431.25 424.00 3.42M 1.33% May 31, 2023 423.60 430.40 430.80 420.85 6.18M -1.69% May 30, 2023 430.90 427.00 432.95 425.35 3.73M 0.91% May 29, 2023 427.00 426.90 430.90 422.75 7.80M 0.58% May 26, 2023 424.55 421.40 425.65 417.50 3.77M 1.28% May 25, 2023 419.20 421.00 424.65 415.70 4.13M -0.73% May 24, 2023 422.30 428.10 430.00 419.60 6.10M -1.17% May 23, 2023 427.30 428.80 440.95 424.45 18.65M 0.80% May 22, 2023 423.90 405.50 433.70 405.00 17.69M 5.15% May 19, 2023 403.15 399.05 406.00 395.65 4.40M 1.03% May 18, 2023 399.05 408.00 408.80 395.50 4.27M -1.78% May 17, 2023 406.30 400.00 407.00 399.30 4.40M 1.35%

During the March quarter, as per the data compiled by Mint for 49 cement manufacturers, although the adjusted Companies like UltraTech and Shree Cement saw their Ebitda per tonne improve sequentially by ₹146 and ₹130 a tonne, respectively, as per calculations of analysts at ₹1,049 and ₹1,011, respectively. Ambuja Cement and Dalmia Bharat were not far behind with per tonne Ebitda at ₹977 and ₹955, respectively and ACC saw an improvement of ₹58 a tonne to ₹549. This was helped by a good demand scenario that translated into improved volume trajectory. The declining raw material prices provided a significant boost to profitability even though cement prices did not see much improvement. The trend is likely to sustain in the ongoing quarter too, said analysts. With demand remaining strong, companies are expected to see volume growth pace continuing. Rajesh Ravi, senior analyst at The demand outlook remains favorable during FY24 with the government spending on infrastructure likely to propel growth. The ongoing quarter (April-June), that is seasonally strong for construction activities, is anticipated to see much higher volume growth. Cement demand in the ongoing quarter remains favorable across regions, said Mangesh Bhadang, research analyst at Centrum Institutional Research. Volume growth thereby will remain strong in the ongoing quarter with April-May likely to have seen double-digit volume growth. Costs too are expected to see further decline during the ongoing quarter with p...

Cons • The company has delivered a poor sales growth of 10.5% over past five years. • Company has a low return on equity of 11.1% over last 3 years. • Promoters have pledged 100% of their holding. * The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis. Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Sales + 6,250 4,644 6,169 7,453 7,715 6,978 6,647 7,625 7,900 8,033 7,143 7,907 7,966 Expenses + 5,058 3,522 4,820 6,110 5,876 5,151 5,231 6,497 6,476 6,918 6,809 6,885 6,727 Operating Profit 1,191 1,122 1,350 1,342 1,838 1,827 1,416 1,128 1,424 1,115 334 1,021 1,239 OPM % 19% 24% 22% 18% 24% 26% 21% 15% 18% 14% 5% 13% 16% Other Income + 145 113 100 -70 104 82 98 -31 97 139 75 -18 142 Interest 34 31 34 41 32 39 36 38 32 40 41 43 39 Depreciation 296 292 290 283 269 277 276 330 306 319 331 337 352 Profit before tax 1,007 912 1,125 948 1,642 1,593 1,201 728 1,183 895 39 623 989 Tax % 26% 35% 29% -2% 25% 27% 26% 41% 28% 3% -33% 22% 23% Net Profit + 743 593 804 968 1,228 1,161 891 431 856 865 51 488 763 EPS in Rs 2.79 2.30 3.13 3.69 4.77 4.42 3.35 1.46 3.32 3.79 0.47 2.19 3.25 Raw PDF Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 Dec 2020 Dec 2021 Mar 2023 Sales + 8,489 9,749 9,161 9,955 9,437 20,094 23,609 26,041 27,104 24,516 28,965 38,937 Expenses + 6,490 7,276 7,492 8,022 7...