AMBUJA CEMENTS LTD Q3 RESULTS
A war of titans builds up in India's cement sector The UltraTech-India Cements deal comes two weeks after Adani Group unit Ambuja Cement announced acquisition of Hyderabad-based Penna Cement at an enterprise value of Rs 10,422 crore, adding to its capacity and market share in southern India.
27 Jun, 2024, 03.17 PM ISTCement stocks in focus in Modi 3.0: Birla Corp, JK Cement could give 14-22% return Resultantly, the all-India average price during Apr-May’24 was flat to marginally up (1%) vs. Mar’24-exit, while it was ~1% lower than 4QFY24 average.
17 Jun, 2024, 12.11 PM IST18 companies turned profitable in Q4 after 3 straight quarterly losses. Worth buying? 18 companies including BHEL, Centrum Capital, Inox Wind, Piramal Pharma, SAMHI Hotels, and Sterling and Wilson turned profitable in Q4 after consecutive losses. Sagar Cements reported a profit of Rs 11.59 crore. Inox Wind Energy recorded a profit of...
14 Jun, 2024, 10.23 AM IST- ADVERTISEMENT
Ambuja Cement shares surge 4% after acquiring Penna Cement Shares of Ambuja Cements, owned by the Adani Group, surged by 4% to reach a new all-time high of Rs 690 in early Friday trading on the BSE. This spike came after the company disclosed its acquisition of a 100% stake in Penna Cement (PCIL).
14 Jun, 2024, 10.17 AM ISTAmbuja cements deal to acquire Hyderabad-based Penna Of the enterprise value, Ambuja Cement will hold back around ₹3,500 crore as milestone payments for completion of 2 million tonne (MT) cement capacity and 3 MT clinker facility at Penna's Rajasthan plant, which is likely in a year.
14 Jun, 2024, 12.45 AM ISTAdani Group suffers Rs 3 lakh crore shock as stocks crash up to 20% Adani Group Stocks: Shares of all 10 Adani Group companies fell as PM Modi's election results showed unexpected outcome, leading to a 20% crash in Adani Ports stock.
05 Jun, 2024, 05.52 PM ISTAdani group stocks surge up to 6% a day after Lok Sabha election results Adani group stocks rebounded up to 6% on Wednesday after an initial 15% decline, triggered by election result disappointment. On Tuesday, all 10 Adani companies faced losses, shedding around Rs 3 lakh crore. Global brokerage Jefferies recommends buy...
05 Jun, 2024, 12.34 PM ISTAdani Group FY24 profit jumps 55% to cross Rs 30,000 crore. Jefferies likes 3 stocks Adani Group Stocks: Adani Group's FY24 profit surges by 55% to Rs 30,768 crore post Hindenburg crisis. Jefferies favors Adani Enterprises, Adani Ports, and Adani Energy Solutions, citing robust EBITDA growth and strategic initiatives. Adani Ports se...
31 May, 2024, 11.35 AM ISTQ4 results today: Bharti Airtel, Patanjali Foods among 97 companies to announce earnings on Tuesday Bharti Airtel and 96 other companies are set to announce Q4 results. Airtel's expected net profit ranges from Rs 2,201-5,309 crore with revenue projections of Rs 38,736-39,360 crore.
14 May, 2024, 09.28 AM ISTAmbuja Cements Q4 Results: Profit doubles to to Rs 1,526 crore on volume growth, cost optimization Ambuja Cements’ consolidated net profit for the March quarter nearly doubled on year to Rs 1,526 crore aided by a robust volume growth and cost reduction.
01 May, 2024, 08.29 PM ISTAmbuja Cements Q4 results: Profit up 6% YoY to Rs 532 cr; co approves Rs 2 dividend Ambuja Cements reported a standalone net profit of 532 crore rupees for the quarter that ended in March 2024, showing a 6% increase compared to the previous year. Revenue from operations in the fourth quarter rose by 12% year-on-year to Rs 4,780 cro...
01 May, 2024, 02.10 PM ISTQ4 results today: Ambuja Cements, Adani Wilmar among 18 companies to announce earnings Adani group leads Q4 earnings with multiple companies reporting results today. Ambuja Cements expected to show growth, while Adani Wilmar anticipates revenue dip but higher operating profit.
01 May, 2024, 09.37 AM ISTAdani Energy, Adani Total Gas shares surge ahead of Q4 earnings Shares of Adani Total Gas (ATG) rallied over 3% while Adani Energy Solutions saw a surge of 2.5% ahead of Q4 results.
30 Apr, 2024, 01.51 PM ISTQ4 results today: Indian Oil, Adani Energy among 55 companies to announce earnings On Tuesday, investors are eagerly anticipating quarterly results from a total of 55 companies, with a spotlight on the Adani Group entities including Adani Energy and Adani Total Gas. Indian Oil's performance is also among those closely observed.
30 Apr, 2024, 09.12 AM ISTUltraTech Cement Q4 Results: Board approves dividend of Rs 70/share The cement maker reported a Profit After Tax (PAT) of Rs 2,258 crore, up 36% YoY, beating the Street estimates of Rs 2,048 crore.
29 Apr, 2024, 03.35 PM ISTUltraTech Cement Q4 results today: PAT may rise 18% YoY to Rs 1,962 crore, 13% revenue uptick likely UltraTech Cement Q4 Preview: UltraTech Cement is anticipated to see an 18% YoY net profit increase to Rs 1,962 crore in Q4FY24, with revenue reaching Rs 20,057 crore, up 8.50% YoY.
29 Apr, 2024, 08.49 AM ISTQ4 results this week: Adani group to lead as 211 companies will declare earnings With 211 companies announcing quarterly results this week, investors are particularly watching out for major names like Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, and many others across various industries.
28 Apr, 2024, 03.01 PM ISTCement companies likely to report volume driven double-digit profit growth for Q4 aided by lower input costs Intense competition due to incremental capacity addition and lower than expected demand have been a few key challenges that have restricted the ability of cement firms to raise prices meaningfully. In FY24, average cement price fell by around 1% to ...
17 Apr, 2024, 12.53 PM ISTAmbuja Cements Q3 Results: Profit jumps two-fold to Rs 1,090 crore; operating margin at 10-quarter high Adani Cement-owned Ambuja Cements’ operating margins surged to their highest level in 10 quarters in Oct-Dec as the company managed to significantly bring down its costs compared to the previous year.
31 Jan, 2024, 08.00 PM ISTAmbuja Cements Q3 Results: Net profit rises 39% YoY to Rs 514 crore; revenue up 8% Ambuja Cements Q3 Results: Ambuja Cements reported 39% YoY growth in Q3 net profit of Rs 514 crore. Revenue from operations increased 8% YoY to Rs 4,439 crore. Operating EBITDA jumped 33% YoY to Rs 851 crore. Sales volume recorded 3% growth at 14.1 ...
31 Jan, 2024, 01.21 PM IST