Know The Share Target Price

Ambuja Cements Ltd (NSE: AMBUJACEM): Ambuja Cements, a company of the Adani Group, announced on Wednesday its plans to invest Rs 1000 crore in a cement-grinding unit to be located in Godda District.
Ambuja Cements Limited said that the new cement grinding unit of 4 million tonnes per year (MTPA) will be built after the necessary approvals.
Ajay Kapoor is the CEO of the cement company, according to PTI. “We believe Jharkhand offers immense potential for resources, infrastructure, and skilled workers, making it an ideal place for this project.”
The company stated that it was looking forward to working with the government to ensure the success of the project.
Ambuja, along with its subsidiary ACC Limited, has acquired Sanghi Industries Limited. This company is spread out across India and has a capacity of 74.6 MTPA with 18 integrated cement plants and 14 grinding units.
On Wednesday, Ambuja Cement shares closed at Rs 585.60 with a decline of 0.54 percent on NSE. The 52-week highest price of the shares is Rs. 596.70.
About Ambuja Cements Ltd Company
Ambuja Cement Limited is a cement manufacturing company based in India.
The Company’s principal business is manufacturing and selling cement and cement-related products. Ambuja Cement is one of the company’s many products.
other products: Ambuja Kawach Ambuja Plus Ambuja Cool Walls,lAmbuja Compocem, Ambuja Buildcem, Ambuja Powercem, Ambuja Railcem Alccofine.
The company provides support for individual home builders, masons, contractors, and engineers.
The Company, through its subsidiary ACC Ltd., has a total capacity of 67.5 million tonnes with 14 integrated cement manufacturing units and 16 cement grinding units spread across the country.
subsidiaries: Chemical Limes Mundwa Private Limited, Dirk India Private Limited, ACC Mineral Resources Limited, etc.
Fundamental Analysis of Ambuja Cements Ltd
Market Cap | ₹ 1,16,716 Cr. |
Current Price | ₹ 588 |
52-wk High | ₹ 597 |
52-wk Low | ₹ 324 |
Stock P/E | 35.8 |
Book Value | ₹ 166 |
Dividend | 0.43 % |
ROCE | 12.6 % |
ROE | 10.8 % |
Face Value | ₹ 2.00 |
P/B Value | ₹ 2.00 |
OPM | 18.4 % |
EPS | ₹ 16.0 |
Debt | ₹ 745 Cr. |
Debt to Equity | 0.02 |
Year | 1st Target | 2nd Target |
2024 | ₹580 | ₹630 |
2025 | ₹642 | ₹685 |
2026 | ₹700 | ₹728 |
2027 | ₹735 | ₹755 |
2028 | ₹765 | ₹800 |
2029 | ₹822 | ₹888 |
2030 | ₹900 | ₹968 |
Promoters Holding | |
Dec 2022 | 63.22% |
Mar 2023 | 63.22% |
June 2023 | 63.20% |
Sept 2023 | 63.19% |
Dec 2023 | 63.19% |
FII Holding | |
Dec 2022 | 10.66% |
Mar 2023 | 11.16% |
June 2023 | 12.45% |
Sept 2023 | 11.65% |
Dec 2023 | 11.88% |
DII Holding | |
Dec 2022 | 14.48% |
Mar 2023 | 14.48% |
June 2023 | 14.14% |
Sept 2023 | 15.26% |
Dec 2023 | 15.56% |
Govt. Holding | |
Dec 2022 | 0.26% |
Mar 2023 | 0.26% |
June 2023 | 0.26% |
Sept 2023 | 0.26% |
Dec 2023 | 0.26% |
Public Holding | |
Dec 2022 | 9.13% |
Mar 2023 | 10.87% |
June 2023 | 9.94% |
Sept 2023 | 9.63% |
Dec 2023 | 9.10% |
To better understand how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
2018 | ₹ 26,041 Cr |
2019 | ₹ 27,104 Cr |
2020 | ₹ 24,516 Cr |
2021 | ₹ 28,965 Cr |
2023 | ₹ 32,232 Cr |
Last 5 Years’ Net Profit:
2018 | ₹ 2,973 Cr |
2019 | ₹ 2,783 Cr |
2020 | ₹ 3,107 Cr |
2021 | ₹ 3,711 Cr |
2023 | ₹ 3,976 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
2019 | 0 |
2020 | 0 |
2021 | 0 |
2022 | 0 |
2023 | 0 |
Last 10 Years’ Profit Growth:
10 Years: | 7% |
5 Years: | 13% |
3 Years: | 10% |
Current Year: | 61% |
Last 10 years’ Return on Equity (ROE):
10 Years: | 10% |
5 Years: | 11% |
3 Years: | 11% |
Last Year: | 11% |
Sales Growth Over 10 Years:
10 Years: | 15% |
5 Years: | 11% |
3 Years: | 13% |
Current Year: | 4% |
Conclusion
This article is a complete guide about Ambuja Cements Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses.
Also, We have discussed the share’s prospects and growth potential in detail.
This information will help you in your further investment.
If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.
If you have any further queries, please comment below. We will be happy to answer all your questions.
If you like this information, share the article with as many people as possible.
Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We provide timely updates about the stock market and financial products to help you make better investment choices. Do your research before any investment.