Ambuja Cements traded at 514.00 this Monday February 23rd, increasing 1.90 or 0.37 percent since the previous trading session. Looking back, over the last four weeks, Ambuja Cements gained 3.21 percent. Over the last 12 months, its price rose by 9.30 percent. Looking ahead, we forecast Ambuja Cements to be priced at 502.37 by the end of this quarter and at 474.28 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ambuja Cements Limited is an India-based holding company, which is engaged in the manufacture of clinkers and cement. The Company operates through Cement and cement related products segment. The Company has a range of products for the business to business and retail markets. The Company's product, Ambuja Plus Roof Special, is suited for constructing roofs and slabs. It also offers install rooftop rainwater harvesting technology. Its products also include Ambuja Powercem, which caters the ready-mix (RMX) sector; Ambuja Railcem, which is designed for railways, and Ambuja Buildcem, which serves the requirements of the mass housing segment. The Company also co-owns two brands in micro materials category. These include Alccofine, which includes a range of micro slag materials, and Dirk Pozzocrete, which includes superfine fly ash. Alccofine Micro Materials are used in construction projects, such as metro rail, dams, roads, flyovers, bridges and tunnels.