Tuesday, 26 July 2016

Ambuja Cements up 2% Ahead of Q1

Shares of Ambuja Cements rose over 2 per cent on the Bombay Stock Exchange ahead of the first quarter earnings scheduled to be announced later today. According to Thomson Reuters Starmine data, Ambuja Cements is expected to post a net profit of Rs 332 crore as against Rs 226 crore in the same period last year. 


Ahead of Q1 earnings, shares of company gained as much as 2.02 per cent in intra-day to trade at Rs 274.05 apiece on Bombay Stock Exchange. In a similar fashion, stocks of company advanced 1.23 per cent to Rs 272.30 apiece on National Stock Exchange. 

Meanwhile, the broader benchmark BSE Sensex was trading at 28,128.04, up 32.7 points, or 0.12 per cent, at 11:38 hours.

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