Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bid
In a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this bid falls short of the company's liquidation value, prompting lenders to engage in discussions with Ambuja for a more favorable offer.
Only Ambuja in fray for Jaypee Cement, submits Rs 580 crore bid
In a surprising turn of events, Ambuja Cements, part of the Adani Group, has put in a bid of Rs 580 crore for Jaypee Cement. However, this bid falls short of the company's liquidation value, prompting lenders to engage in discussions with Ambuja for a more favorable offer.
Karan Adani flags contractor woes, project delays as Ambuja Cements trims FY27 capex
Ambuja Cements faces project delays due to contractor and team issues. The company is now prioritizing completion of ongoing expansions. Capital expenditure for FY27 is set at Rs 6,000-6,500 crore. Ambuja Cements aims to reach 119 million tonnes capacity by FY27. The focus is on streamlining operations and margin expansion.
Sagar Cements hardens after returning to profit in Q4 FY26
Sagar Cements rose 4.55% to Rs 186.10 after the company reported a turnaround performance in Q4 FY26, supported by higher cement volumes.
Sagar Cements reports consolidated net profit of Rs 87.60 crore in the March 2026 quarter
Sales rise 19.59% to Rs 786.96 crore
Andhra Cements reports standalone net profit of Rs 48.52 crore in the March 2026 quarter
Sales rise 73.07% to Rs 154.85 crore
UltraTech stays Avvashya Capital's top pick as Ambuja, Shree shift focus to profitability
Avvashya Capital Fund Manager Mangesh Bhadang believes the Indian cement industry is finally becoming more disciplined after years of aggressive capacity expansion. He said leading players such as Ambuja Cements and Shree Cement are now shifting focus towards profitability as weak pricing and lower returns continue to pressure the sector. Bhadang continues to prefer UltraTech Cement, citing its strong execution, consistent volume growth and industry-leading profitability. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Ambuja Cements slips 3% on Q4 miss; brokerages cut estimates, target price
Ambuja Cements reported a consolidated net profit of ₹1,830 crore in the Q4FY26, up 78.5 per cent from ₹1,025 crore in the year-ago period
Godrej Properties, CDSL, Ambuja Cements And More Q4 Results Review: Check Buy, Hold, Sell Call and Revised Target Prices
HDFC Securities has come out with a mixed set of recommendations for Ambuja Cements, Godrej Properties, CDSL, Aditya Birla Capital, Cholamandalam following the March quarter earnings.
Ambuja Cements shares drop over 2% after Q4 results. What Jefferies and Nomura are saying
Ambuja Cements shares fell despite strong Q4 results, where net profit jumped 78% year-on-year to Rs 1,830 crore and revenue rose 10% to Rs 10,892 crore. Profit also surged sharply on a sequential basis, but the stock declined, suggesting muted market reaction despite robust earnings.
Ambuja Cements Shares in Focus As Systematix Maintains Bullish Call After Q4 Results — Check Target Price
Ambuja Cements' Q4 performance was mixed, with steady revenue and volume growth offset by margin pressure due to elevated costs and weak pricing.
Ambuja Cements Q4 net profit surges 37%
Ambuja Cements announced strong March quarter earnings. Net profit surged over 37 percent year-on-year. This growth was significantly boosted by a substantial tax credit. Sales volume reached an all-time high, alongside record revenue. The company noted ongoing cost pressures from fuel and packaging. These challenges are expected to persist into the first half of FY27.