Ambuja Cement Share Price , stock price prediction or target – Check Ambuja Cement stock price forecast for daily, tomorrow and short term using Camarilla Equation using Camarilla Equation.
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Ambuja Cement Share Price
This target, forecast or equity forecast should be used for reference and educational purposes only. At this time, AMBUJACEM Stock Tips are for daily and intraday use only and have nothing to do with stock market fundamentals or news.
Be fully aware of the risks and costs associated with trading the financial markets, one of the riskiest forms of investment. According to Graham’s internal equation, you should invest in stocks if the current share price is low.
You can buy this stock if the price hits the buy entry, or you can sell a short position if the price hits the sell entry. Ambuja Cements monthly price action analysis on near term time frame is negative but sellers have been active on the stock lately.
Ambuja Cement Share Price Target 2022, 2023, 2024, 2025 and 2030
This means that the stock has a strong upward trend over time. Over the past three years, earnings per share have grown an average of 14% per year, but the company’s share price has grown at a rate of 21% per year, far more than earnings growth. A better-than-expected pricing environment also boosted the share price.
AUM growth and cost rationalization are expected to contribute to the short-term results; We expect NOPLAT to grow at a CAGR of 13/29% in FY 2011-23. We maintain a BUY at a DCF-based target price of INR 750 (10% of exercise vs DCF), valuing the stock at 19.7x Mar-23E NOPLAT + Mar-22E cash and investment. To achieve our target price of Rs 410, we maintain a neutral rating and rate the Company at 13x EV / EBITDA for 23 Sept.
Based on a target price of INR 2,479, we value the stand-alone business at 15.5x of its 22H EBITDA at INR 4,187, resulting in a fair value of INR 367 per share, while Ambujas’ 50% investment in ACC is 82.1 Per share is Rs (INR of our ACC).
Importantly, given our improved growth and operating performance, we are increasing our rating multiplier for Ambuja to EBITDA CY23e 15 (up 13x), which is a 12% discount from our rating target for its largest counterpart Is. We are raising our multiple target for fiscal 2013 by 18x (previously 15x) and +6/5% of revenue/earnings per share estimates, based on accelerated organic growth and the company’s ability to grow larger businesses.
The company reported strong second quarter results with improved earnings, revenue and profitability. The main product segments/revenue of Ambuja Cements Limited consists of Cement, Other Operating Revenue and Scrap for the year ended 31st December, 2020.
For the quarter ended June 30, 2021, the company reported a consolidated net profit of Rs 7,055.76 crore, a decline of 9.68% from Rs 7811.96 crore in the previous quarter, and an increase of 48.39% over the corresponding quarter of last year. Ambuja Cements Ltd, part of Holcim, a leading Swiss building materials conglomerate, reported 10.85% growth in consolidated net income at Rs 890.67 crore for the third quarter ended September 2021, driven by increased volumes.
On November 15, 2016, Ambuja Cement’s foreign parent company, LafargeHolcim, announced that its subsidiary Holderind Investments Limited has increased its stake in Ambuja Cement Limited to 63.11% after increasing its holding by 3.91 billion shares.
The company formed a joint venture with Counto Microfine Products Pvt Ltd to produce specialty cement in Goa. On 24 July 2013, the Board of Directors of Ambuja Cements approved a proposal to acquire 50.01% of ACC’s capital.
In a meeting on May 5, 2017, the Board of Directors of Ambuja Cement approved setting up of an Interim Governance Committee with a majority of independent directors to explore the possibility of merger of Ambuja Cement and ACC.
It continues to buy with a target price of 464 Indian Rupee. /NIS EV/E is based on 13 Sep 23R. From September 30, 2021 to 2021, the founder owned 63.26% of the company’s capital, while the FII owned 16.52% and the DII-13.35%.
The above steps are taken from ICICI direct brokerage relationship. The latest news is gathered from a variety of sources and can have a positive or negative impact on stock prices in the short term. NSE and Nifty quotes are also available in real time and are licensed by National Stock Exchange.
All stocks are ranked by highest percentage of price change, with ratings ranging from 99 (highest) to 1 (lowest). This indicator can help the traders to predict the stock prices and trade accordingly. The Aroon indicator is a technical indicator used to identify changes in asset price trends and the strength of the trend.
The time period specified by the analyst is one year during which Ambuja Cements Ltd price may attain a specific target. Ambuja Cements Limited, established in 1981, is a Large Cap Company (Market Cap of Rs 75,524.02 Crore) dealing in Cement Sector. Ambuja Cements Limited, along with its subsidiaries, manufactures and markets concrete and related products for individual home builders, bricklayers, contractors, architects and engineers in India.
On April 29, 2017, Ambuja Cement announced the release of an improved composite cement product to enhance flexibility under the Ambuja Composem brand. Credit Suisse updated Ambuja Cement to surpass neutral results for the post-September quarter and raised its price target to Rs 450 from Rs 435.
Jefferies retained its buy rating for Axis Bank after its September quarter results with a target price of Rs 1,020. After the September quarter results, CLSA retained its buy rating with Cipla with a target price of Rs 1,150.
We expect Ambuja Cements (ACEM) to improve its EBITDA/t (>150/t as compared to CY21-24E) and EBITDA/t gap as compared to peers due to better market structure (increased share of North) and increase cost savings.
With higher margins in the north and west, better margins at the new plant and additional government incentives, Marwa-Mundwa’s recent 5 million tonne expansion will not only allow ACEM to maintain its dominant market position, but also increase overall EBITDA/TE Improvement is likely.
For > 50 / te. According to the brokerage company, the new clinker facilities (1.8 tonnes of cement, 3 tonnes of clinker) at Marwar Mundwa in Rajasthan will sell an additional 5 tonnes per annum from the third quarter of the 21st year.
The company also initiated the development of a new 1.5 ton cement mill area in Punjab with an aim to reach a capacity of 50 tonnes. In 2011, the company raised approximately Rs. Started commercial production at a new cement plant at a cost of Rs. In addition, he commissioned a new cement plant with a capacity of 0.9 million tonnes of cement at Maratha Cement Works at a cost of about Rs 61 crore.
Achieving 14.5 tonnes of cement production capacity by FY26 requires a total capital expenditure of Rs 3,600, and the target is the Rajasthan market. The brokerage firm has set a target price of Rs 1,200 for Ramco Cements with a gain of 18 per cent. The brokerage firm has set a target price of Rs 250 for Dongfang Cement, up 54 per cent. Most global brokerage firms such as Credit Suisse, Macquarie and JPMorgan Chase have raised their price targets.
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