Ambuja Cement Share Price / Stock Price Prediction or Target – Using the Camarilla Equation Check the Ambuja Cement stock price forecast for daily, tomorrow and short term using the 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, the 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, it is one of the most risky forms of investing. According to Graham’s internal equation, you should invest in stocks if the current stock price is undervalued.
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 based on near-term time frames is negative, but sellers have recently been active on the stock.
Ambuja Cement Share Price Target 2022 , 2023 , 2024 , 2025 & 2030
This means that the stock has a strong upward trend over a period of time. Over the past three years, earnings per share have grown by an average of 14% per year, but the company’s share price has grown at a rate of 21% per year, far exceeding earnings growth. The better-than-expected pricing environment also boosted the stock price.
AUM’s growth and cost rationalization are expected to contribute to short-term results; we expect the NOPLAT to grow at a CAGR of 13/29% over FY21-23. We maintain a BUY on a DCF-based target price of INR 750 (10% of exercise versus 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 September.
Based on a target price of 2,479, we value the stand-alone business at 15.5x its 22H EBITDA at INR 4,187, resulting in a fair value of INR 367 per share, while Ambujas’s 50% investment in ACC valued at Rs 82.1 per share (INR of our ACC).
Importantly, given our better growth and operating performance, we are raising our rating multiple for Ambuja to EBITDA CY23e 15 (up from 13x), which is a 12% discount to our rating target for its largest peer. We are raising our multiple target to 18x (previously 15x) and + 6/5% revenue / earnings per share estimate for FY23, based on accelerated organic growth and the company’s ability to grow large businesses.
The company reported strong second-quarter results with improved earnings, revenue and profitability. Main product segments / revenues of Ambuja Cements Ltd. includes cement, other operating revenues and scrap for the year ended December 31, 2020.
For the quarter ended June 30, 2021, the company reported a consolidated total profit of Rs 7,055.76, down 9.68% from the previous quarter of 7811.96 crores, and up 48.39% over the same quarter last year. Rs.4,755.01 Ambuja Cements Ltd, part of Holcim, a leading Swiss building materials group, reported a 10.85% increase in consolidated net income to Rs 890.67 crore in the third quarter ended September 2021, driven by increased volumes.
On November 15, 2016, LafargeHolcim, the foreign parent company of Ambuja Cement, announced that its subsidiary Holderind Investments Ltd. increased its stake in Ambuja Cement Ltd. to 63.11% after increasing its holdings of 3.91 billion shares.
The company established a joint venture with Counto Microfine Products Pvt Ltd to produce specialty cement in Goa. On July 24, 2013, the Board of Directors of Ambuja Cements approved the proposal to acquire 50.01% of ACC’s capital.
At a meeting on May 5, 2017, the Board of Directors of Ambuja Cement approved the establishment of an interim governance committee with a majority of independent directors to explore the possibility of the merger of Ambuja Cement and ACC.
It continues to buy with a target price of 464 Indian rupees. / NIS is based on EV / E 13 Sep 23R. As of September 30, 2021 to 2021, the founder owns 63.26% of the company’s capital, while FII owns 16.52% and DII-13.35%.
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All stocks are sorted by the highest percentage of price change, with ratings ranging from 99 (highest) to 1 (lowest). This indicator can help traders predict 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 indicated by the analyst is one year, during which the price of Ambuja Cements Ltd. can achieve a specific goal. Ambuja Cements Ltd., founded in 1981, is a large cap company (market cap of Rs 75,524.02 crore) operating in the cement sector. Ambuja Cements Limited, together with its subsidiaries, manufactures and markets concrete and related products to 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 for enhancing resilience under the Ambuja Compocem 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 earlier.
Jefferies retained its buy rating for Axis Bank following September quarter results with a target price of Rs 1,020. CLSA retained its buy rating with Cipla following September quarter results with a target price of Rs 1,150.
We expect Ambuja Cements (ACEM) to improve their EBITDA / te (say by> Rs 150 / te compared to CY21-24E) and narrow the EBITDA / te gap compared to peers due to better market structure (increased share of the North) and increased cost savings.
With higher margins in the north and west, improved 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 is likely to improve overall EBITDA / te.
for> Rs 50 / te. According to the brokerage company, starting from the third quarter of 21st year, new clinker facilities in Marwar Mundwa, Rajasthan (1.8 tons of cement, 3 tons of clinker) will provide additional sales of 5 tons per year.
The company also initiated the development of a new 1.5 tonne cement mill field in Punjab with the aim of reaching a capacity of 50 tonnes. In 2011, the company began commercial production at a new cement plant at a cost of approximately Rs. In addition, they commissioned a new cement plant with a capacity of 0.9 million tonnes of cement at the Maratha Cement Works at a cost of approximately Rs 61 crore.
To achieve 14.5 tons of cement production capacity by FY26 requires a total capital expenditure of Rs 3,600, and the target is the Rajasthan market. With 18% upside potential, the brokerage firm has set a target price of Ramco Cements at 1,200 rupees. With 54% upside potential, the brokerage firm has set a target price of Rs 250 for Dongfang Cement. Most global brokerage firms such as Credit Suisse, Macquarie and JPMorgan Chase have increased their price targets.
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