Below Is The Views On Ambuja Cements 4QFY18 Result FIRST CUT By Binod Kumar Modi Sr. Research Analyst Reliance Securities.
A higher than estimated sales..
STOCK IN FOCUS
* J.K. Cement (JKC) gained ~1.5% in yesterday’s trade defying the selloff on the expectation of healthy traction ahead due to improving utilizati..
Ambuja Cements Ltd reported an 89 percent jump in quarterly profit on Tuesday, helped by higher cement sales volume.
Standalone profit rose to 3.38 billion rupees ($52..
HIL Limited (formerly Hyderabad Industries Limited), a flagship company of the C.K. Birla Group, on Tuesday said that it has commenced the commercial production of its ..
The company reported standalone net profit of Rs 18.56 crore for the quarter ended December 31, 2017 as compared to Rs 13.57 crore in the same period last year, registeri..
The company reported standalone net profit of Rs 11.71 crore for the quarter ended December 31, 2017 as compared to Rs 4.63 crore in the same period last year, registerin..
Healthy Sales Volume Aids Performance; Maintain BUY
JK Lakshmi Cement (JKLC) has reported a better-than-estimated operating performance in 3QFY18 mainly owing to lower..
* On a weekly chart, the stock has confirmed a “Bullish Hammer” candlestick with a support of 100 weekly moving average which is a bullish reversal formation ..
Shares of Shree Cement soared over 4 per cent on the Bombay Stock Exchange after the company after the company said that it has commissioned new cement grinding unit in R..
The company reported standalone net profit during the quarter stood at Rs 14.85 crore compared to net loss of Rs 47.02 crore in the previous year quarter. Net revenue of ..
* Orient Cement’s Q3FY18 operating performance disappointed, with EBITDA at Rs391mn against estimated Rs772mn and OPM at 7.6% against estimated 14.5%, led by lower ..
For the quarter Q3 FY18 Ultratech Cement’s realizations de-grew by 1.35% on a YoY basis. Domestic sales volume increased by 37.1% to 15.1 mnt while the total volume..
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