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Ambuja Cements Q2 Results Review - Capacity Addition To Deliver Industry Leading Volume Growth: Dolat Capital

Following a ~16% correction in the stock price, the brokerage upgrades its rating on the stock to 'Accumulate' from Sell with revised target price of Rs 626.

<div class="paragraphs"><p>Share price of Ambuja Cements gained further after reporting a higher than expected net profit in the September quarter amid a weak pricing environment. (Source: Usha Kunji/ NDTV Profit).</p></div>
Share price of Ambuja Cements gained further after reporting a higher than expected net profit in the September quarter amid a weak pricing environment. (Source: Usha Kunji/ NDTV Profit).
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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